VAT Rate at 2013

The standard rate of VAT increased from 17.5 per cent to 20 per cent on 4 January 2011.
 
For any sales of standard-rated goods or services that you made on or after 4 January 2011 you should have charged VAT at the 20 per cent rate.  If you have a cash business and calculate your VAT using the VAT fraction you nust use the VAT fraction of 1/6 on your standard-rated VAT inclusive sales from 4 January 2011.
 
The change only applies to the standard VAT rate. There are no changes to sales that are zero-rated or reduced-rated for VAT.  Similarly, there are no changes to the VAT exemptions. Any sales you make at these rates are unaffected by this change.
 
Value Added Tax (VAT) - Registration and Deregistration thresholds
                                                From April 2011        From April 2012
VAT - registration threshold                 73,000                    77,000
VAT - deregistration threshold              71,000                    75,000 
 
Value Added Tax (VAT) - Fuel scale charges
Businesses must use these new VAT fuel scale charges from the start of their next prescribed accounting period beginning on or after 1 May 2012.
 
CO2 Band        VAT fuel scale charge        VAT in 1 month charge        VAT exclusive 1 month
                               1 month period                                                                            charge
 
120 or less               55.00                                9.17                                    45.83
125                         83.00                              13.83                                    69.17
130                         88.00                              14.67                                    73.33
135                         94.00                              15.67                                    78.33
140                        100.00                              16.67                                    83.33
145                        105.00                              17.50                                    87.50
 150                       111.00                              18.50                                    92.50
155                        116.00                              19.33                                    96.67

160                        122.00                              20.33                                  101.67

165                        127.00                              21.17                                  105.83

170                        133.00                              22.17                                  110.83

175                        138.00                              23.00                                  115.00

180                        144.00                              24.00                                  120.00

185                        150.00                              25.00                                  125.00

190                        155.00                              25.83                                  129.17

195                        161.00                              26.83                                  134.17

200                        166.00                              27.67                                  138.33

205                        172.00                              28.67                                  143.33

210                        177.00                              29.50                                  147.50

215                        183.00                              30.50                                  152.50

220                        189.00                              31.50                                  157.50

225 or more            194.00                              32.33                                  161.67

 

Where the CO2 emission figure is not a multiple of 5, the figure is rounded down to the next multiple of 5 to determine the level of the charge. For a bi-fuel vehicle which has two CO2 emissions figures, the lower of the figures should be used. For cars which are too old to have a CO2 emissions figure, you should identify the CO2 band based on engine size, as follows:

 

If its cylinder capacity is 1,400cc or less, use CO2 band 140;

 

If its cylinder capacity exceeds 1,400cc but does not exceed 2,000cc, use CO2 band 175;

 

If its cylinder capacity exceeds 2,000cc, use CO2 band 225 or above.