Value Added Tax Return to BSG Valentine homepage
| Registration level from 1/4/07: | £64,000 |
| Standard rate | 17.5% |
| Reduced rate, eg on domestic fuel | 5% |
| Flat rate scheme turnover limit from 1/4/07 | £150,000 |
| Cash and annual accounting turnover limit | £1,350,000 |
© Copyright 21 March 2007, subject to Finance Act 2007. For information only. Always seek professional advice before acting.