VAT and Indirect Taxes

VAT and Indirect Taxes – An Ultimate Guide

VAT   From 1 April 2013 2012 Standard rate 20% 20% VAT fraction 1/6 1/6 Taxable turnover limits Registration – last 12 months from 1 April or next 30 days over £79,000 £77,000 Deregistration – next year under £77,000 £75,000 Annual accounting scheme £1,350,000 £1,350,000 Cash accounting scheme £1,350,000 £1,350,000 Flat rate scheme £150,000 £150,000 […]

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