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Tax Rates & Allowances

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Value Added Tax

Standard rate 20%
Reduced rate 5%
Annual Registration Limit - from 1.4.13 (1.4.12 - 31.3.13 £77,000) £79,000
Annual Deregistration Limit - from 1.4.13 (1.4.12 - 31.3.13 £75,000) £77,000