VAT table

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Value Added Tax (VAT)

From 4th January 2011

From 1st January 2010

Rates of Tax

Standard rate

20%

17.5%

Reduced rate (including fuel and power)

5.00%

VAT as a fraction of gross price

1/6

7/47

From 1st April 2010

Annual Turnover Limits

Registration

£70,000

Deregistration

£68,000

Private Fuel from 6 April 2007

The calculation of fuel scale charges for private use of road fuel has been altered from engine size to carbon dioxide (CO₂) emissions in order to bring it into line with the current personal tax regime.

resource-centre-walworth-road-accountants

Please feel free to peruse our collection of Tax tables and information, and please contact us if we can be of any further assistance.

Income Tax Rates

Income Tax Allowances

Car and Fuel Benefits

© 2012 PJT & Co | Accountancy House, 90 Walworth Road, London, SE1 6SW | Tel: 020 7703 7594

PJT & Co is the trading name of Parekh Jasani Tobias & Co Limited
Registered in England No. 4100170 VAT Registration No: 766 604 802
Registered Office: Accountancy House, 90 Walworth Road, London SE1 6SW
Registered to carry out audit work in the UK by the Association of Chartered Certified Accountants
Regulated for a range of investment business activities by the Association of Chartered Certified Accountants