Value Added Tax 2014/15

Standard rate 20%
Reduced rate 5%
Annual Registration Limit – from 1.4.14 (1.4.13 – 31.3.14 £79,000) £81,000
Annual Deregistration Limit – from 1.4.14 (1.4.13 – 31.3.14 £77,000) £79,000