Coman & Company – Chartered Certified Accountants - South London

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Value Added Tax

1 May 2009 to
31 December 2009
1 April 2008 to
30 April 2009
£ £
Registration limit (last 12 months or next 30 days over) 68,000 67,000
Deregistration limit (next 12 months under) 66,000 65,000
Cash accounting scheme threshold registration threshold 1,350,000 1,350,000
Annual accounting scheme registration threshold 1,350,000 1,350,000
Flat rate scheme registration threshold 150,000 150,000
Cash accounting scheme threshold deregistration threshold 1,600,000 1,600,000
Annual accounting scheme deregistration threshold 1,600,000 1,600,000
Flat rate scheme deregistration threshold 187,500 187,500

 

1 December 2008 to
31 December 2009
From 1 January 2010
% %
Standard rate 15 17.5
Reduced rate 5 5