VAT Rates

VAT Rates

From

1 April
  2008

1 December 2008

1 January 2010

4 January

2011 to present

 

%

%

%

%

Standard

17.5

15.0

17.5

20.0

Reduced

5.0

5.0

5.0

5.0

Zero

0.0

0.0

0.0

0.0

 

VAT Annual Turnover Thresholds

From

Annual  Turnover

1 April
  2013

1 April
  2014

1 April 

2015

 

 

£

£

£

Registration

More than

79,000

81,000

82,000

De registration

Less than

77,000

79,000

80,000

Annual accounting – Joining

Less than

1,350,000

1,350,000

1,350,000

Annual accounting – leaving

More than

1,600,000

1,600,000

1,600,000

Cash accounting – joining

Less than

1,350,000

1,350,000

1,350,000

Cash accounting – leaving

More than

1,600,000

1,600,000

1,600,000

Flat rate scheme – joining

Less than

150,000

150,000

150,000

Flat rate scheme – leaving

More than

230,000

230,000

230,000