> VAT Rates

VAT Rates

VAT Rates

The VAT rates and thresholds are as follows:
From
1 April 2019
 1 April 2020
 1 April   2021
1 April 2022
1 April 2023
1 April 2024
1 April 2025
Zero rate
0%
0%
0%
0%
0%
0%
0%
Reduced rate
5%
5%
5%
5%
5%
5%
5%
Standard rate
20%
20%
20%
20%
20%
20%
20%
Registration turnover
£85,000
£85,000
£85,000
£85,000
£85,000
£90,000
£90,000
Deregistration turnover
£83,000
£83,000
£83,000
£83,000
£83,000
£88,000
£88,000
Acquisitions from EU member states, registration and deregistration threshold
£85,000
£85,000
£85,000*
£85,000*
£85,000*
£90,000*
£90,000*
 
* From 1 January 2021 this is only relevant for supplies of goods into Northern Ireland.

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