News: March 2013

Budget 2013: VAT

Rates

The VAT rates remain unchanged at…

Lower rate: 0%
Reduced rate: 5%
Standard rate: 20%

The registration and deregistration limits from 1 April 2013 are…

Registration turnover: £79,000 (1 April 2012 – £77,000)
Deregistration turnover: £77,000 (1 April 2012 – £75,000)

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