Standard rate |
20% |
Reduced rate |
5% |
Zero rate |
0% |
Annual registration limit (from 1 April 2024) |
£90,000 |
Annual deregistration limit (from 1 April 2024) |
£88,000 |
VAT Cash accounting scheme threshold |
£1,350,000 |
VAT Annual accounting scheme threshold |
£1,350,000 |