22 March 2006 Budget Report |
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| From | 1 December 2008 to 31 December 2009 | 1 April 2008 to 30 November 2008 |
| Standard rate | 15% | 17.5% |
| Standard rate VAT fraction | 3/23 | 7/47 |
| Reduced rate | 5% | 5% |
| Reduced rate VAT fraction | 1/21 | 1/21 |
| Taxable Turnover Limits | ||
| Registration - last 12 months or next 30 days over | £67,000 | £64,000 |
| Deregistration - next 12 months under | £65,000 | £62,000 |
| Cash accounting scheme - up to | £1,350,000 | £1,350,000 |
| Optional flat rate scheme - up to | £150,000 | £150,000 |
| Annual accounting scheme - up to | £1,350,000 | £1,350,000 |
The 2008 Pre Budget Report reduced the standard rate of VAT to 15% for a period of 13 months.
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| Business: |
Business Start-Up |
Business General |
Limited Companies Partnerships | IR35 | Business Management | PAYE & NI | VAT |
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| Personal: |
Introduction to the Tax System |
Planning Aspects |
Home Aspects Pensions | Aspects of Investments and Investing | VCT & EIS |
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| Tax: |
Budget Report |
Tax Guide |
Financial Planning Guide Tax Calendar | IR35 | PAYE & NI | VAT | Year End Tax Planning |