UK Value added tax (VAT) Section

UK Tax rates 2013 - 14
UK Tax rates 2012 - 13
UK Tax rates 2011 - 12
UK Tax rates 2010 - 11
UK Tax rates 2009 - 10
UK Tax rates 2008 - 9
UK Tax rates 2007 - 8
UK Tax rates 2006 - 7
UK Tax rates 2005 - 6
UK Tax rates 2004 - 5
UK Tax rates 2003 - 4
UK Tax rates 2002 - 3
UK Tax rates 2001 - 2
UK Tax rates 2000 - 1
UK Tax rates 1999 - 0

European Vat Rates

UK Tax Calendar

Tax Terms Explained

Tax Articles / Bulletins

IR Interest Rates

USA Tax rates

UK VAT Rates From 1 April 2013

Standard Rate	20%
Vat Fraction	1/6
Reduced Rate	5%
Turnover registration limits (Last 12 months or next 30 days)	£79,000
Deregistration - next year	£79,000
Cash Accounting Schemes	£1,350,000
Flat Rate Scheme	£150,000

UK VAT Rates From 1 April 2012

Standard Rate	20%
Vat Fraction	1/6
Reduced Rate	5%
Turnover registration limits (Last 12 months or next 30 days)	£77,000
Deregistration - next year	£75,000
Cash Accounting Schemes	£1,350,000
Flat Rate Scheme	£150,000

UK VAT Rates From 1 April 2011

Standard Rate	20%
Vat Fraction	1/6
Reduced Rate	5%
Turnover registration limits (Last 12 months or next 30 days)	£73,000
Deregistration - next year	£71,000
Cash Accounting Schemes	£1,350,000
Flat Rate Scheme	£150,000

From the 4th January 2011 VAT increases to 20%. VAT fraction is changed to 1/6.

UK VAT Rates From 1 April 2010

Standard Rate	17.5%
Vat Fraction	7/47
Reduced Rate	5%
Turnover registration limits (Last 12 months or next 30 days)	£70,000
Deregistration - next year	£68,000
Cash Accounting Schemes	£1,350,000
Flat Rate Scheme	£150,000

UK VAT Rates From 1 April 2009

Standard Rate	15% up to 31/12/09 then 17.5%
Vat Fraction	3/23 up to 31/12/09 then 7/47
Reduced Rate	5%
Turnover registration limits (Last 12 months or next 30 days)	£68,000
Deregistration - next year	£66,000
Cash Accounting Schemes	£1,350,000
Flat Rate Scheme	£150,000

From the 1st December 2008 to 31st December 2009

Standard Rate of VAT will be 15% as per the pre-budget report Nov 2008.
Vat Fraction is changed to 3/23

UK VAT Rates From 1 April 2008

Standard Rate	17.5%
Vat Fraction	7/47
Reduced Rate	5%
Turnover registration limits (Last 12 months or next 30 days)	£67,000
Deregistration - next year	£65,000
Cash Accounting Schemes	£1,350,000
Flat Rate Scheme	£150,000

UK VAT Rates From 1 April 2007

Standard Rate	17.5%
Vat Fraction	7/47
Reduced Rate	8% - 5% from 01/09/1997
Turnover registration limits (Last 12 months or next 30 days)	£64,000
Deregistration - next year	£62,000
Cash Accounting Schemes	£1,350,000
Flat Rate Scheme	£150,000

UK VAT Rates From 1 April 2006

Standard Rate	17.5%
Vat Fraction	7/47
Reduced Rate	8%
Turnover registration limits (Last 12 months or next 30 days)	£61,000
Deregistration - next year	£59,000
Cash Accounting Schemes	£660,000
Flat Rate Scheme	£150,000

UK VAT Rates From 1 April 2005

Standard Rate	17.5%
Vat Fraction	7/47
Reduced Rate	8%
Turnover registration limits (Last 12 months or next 30 days)	£60,000
Deregistration - next year	£58,000
Cash Accounting Schemes	£660,000
Flat Rate Scheme	£150,000

UK VAT Rates From 1 April 2004

Standard Rate	17.5%
Vat Fraction	7/47
Reduced Rate	8% from 01/01/1995
Turnover registration limits (Last 12 months or next 30 days)	£58,000
Deregistration - next year	£56,000
Cash Accounting Schemes	£660,000
Flat Rate Scheme	£150,000

UK VAT Rates From 10 April 2003

Standard Rate	17.5%
Vat Fraction	7/47
Turnover registration limits (Last 12 months or next 30 days)	£56,000
Deregistration - next year	£54,000
Cash Accounting Schemes	£600,000
Flat Rate Scheme	£150,000

UK VAT Rates From 25 April 2002

Standard Rate	17.5%
Vat Fraction	7/47
Turnover registration limits (Last 12 months or next 30 days)	£55,000
Deregistration - next year	£53,000
Cash Accounting Schemes	£600,000
Flat Rate Scheme	£100,000

Last updated: 15th May, 2013