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VAT and duties

Standard rate of VAT

Alcohol and tobacco duty rates

Bingo duty

  Standard rate of VAT
  It has been confirmed that the temporary cut in VAT will end on 1 January 2010 as planned, with the standard rate reverting from 15% to 17.5%.

The VAT flat rate scheme percentages have been recalculated accordingly, to ensure they are based on the 17.5% rate effective from 1 January 2010.

   
 
  Alcohol and tobacco duty rates
  As announced in the 2008 Pre-Budget Report, alcohol and tobacco duty rates will remain at current levels when the standard rate of VAT returns to 17.5% in January 2010.
   
 
  Bingo duty
  Bingo duty is to be reduced from 22% to 20% from Budget 2010.
   
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