VAT — Rates and Thresholds
Rates | 2025/26 | 2024/25 |
---|---|---|
Standard | 20% | 20% |
Reduced | 5% | 5% |
Zero | 0% | 0% |
Exempt | N/A | N/A |
Thresholds 1 | 2025/26 | 2024/25 |
---|---|---|
VAT registration | £90,000 | £90,000 |
VAT de-registration | £88,000 | £88,000 |
- The VAT registration and deregistration thresholds will be frozen.