Telephone01438 721877

Envelope

HOW BIG IS YOUR BUSINESS?

We understand that your business is important to you, and good tax planning can be a great source of efficiency and savings.

Tell us the size of your business and see how we can help.

NEWSLETTER SIGN-UP

Our newsletter will be delievered
directly to your email inbox

VAT

Rates

The VAT rates and thresholds are as follows:

From 1 April 2016 1 April 2017 1 April 2018 1 April 2019
Lower rate 0% 0% 0% 0%
Reduced rate 5% 5% 5% 5%
Standard rate 20% 20% 20% 20%
Registration turnover £83,000 £85,000 £85,000 £85,000
Deregistration turnover £81,000 £83,000 £83,000 £83,000
Acquisitions from EU member states, registration and deregistration threshold £83,000 £85,000 £85,000 £85,000

Note: Autumn Budget 2017 announced that the VAT registration and deregistration thresholds will remain unchanged from 1 April 2018.