Print

VAT registration and deregistration thresholds

 

From 1 April 2017

£

From 1 April 2016

£

From 1 April 2015

£

From 1 April 2014

£

From 1 April 2013

£

Registration threshold

85,000*

83,000

82,000

81,000

79,000

Deregistration threshold

83,000*

81,000

 80,000

79,000

77,000

 

 

 

 

 

 



*At Budget 2021, the Chancellor announced that the VAT registration threshold and VAT deregistration threshold are frozen until 31 March 2024.

Registration threshold

VAT registration is compulsory if:

Deregistration threshold

If VAT taxable turnover for the year is less than or equal to the deregistration threshold or it is expected to fall below it in the next 12 months, a business has the option of Deregistering if it wants to.

VAT scheme thresholds

Scheme Turnover to join Turnover to leave
Flat Rate Up to £150,000 Over £230,000
Cash Accounting Up to £1.35 million Over £1.6 million
Annual Accounting Up to £1.35 million Over £1.6 million

 


Squirrel ad


Are you enjoying our content? 

Thousands of accountants and advisers and their clients use www.rossmartin.co.uk as their primary TAX resource.

Register with us now to receive our unique FREE Tax Planning Tips and Advice Guide & our FREE OMB Newsletter.