| Registration level from 01/4/06: |
£61,000 |
| Standard Rate |
17.5% |
| Reduced rate, eg on domestic fuel |
5% |
| Flat rate scheme turnover limit |
£150,000 |
| Cash* and annual accounting turnover limit |
£1,350,000 |
* Increase
in cash limit from £660,000 subject to EU approval |
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