Vat Calculator 2024/2024. Use this sole trader tax calculator to work out how much tax to pay on profits for the 2024/5 tax year. Vat fuel scale charge rates for cars updated for vat return periods beginning on or after 1 may.

The 20% rate applies to income earned by banks from real estate situated in the isle of man. Among the indirect tax announcements is the increase to the vat registration threshold from 1 april 2024.