VAT rates
Value Added Tax
| Standard Rate* | 17.5% |
| Reduced Rate | 5% |
| Annual Registration Limit - from 1.4.09 (1.4.08 - 31.3.09 £67,000) |
£XX,000** |
| Annual Deregistration Limit - from 1.4.09 (1.4.08 - 31.3.09 £65,000) |
£XX,000** |
* 15% from 1 December 2008 to 31 December 2009.
** to be confirmed in the Budget Report 2009.
