UK VAT Rates Section

UK Tax Rates

USA Tax rates

UK VAT Section

European Vat Rates

UK Tax Calendar

Search Tax Terms

IR Interest Rates

Tax Articles

ISA Limits

Tax Forms



Follow us @Scopulus_News

 


5% Temporary reduction in VAT for hospitality, holiday accommodation and attractions to continue until 30 September 2021 as per budget speech, followed by a reduced rate of 12.5% until April 2022.


UK VAT Rates From 1 April 2021

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£85,000
Deregistration - next year £83,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



Temporary reduction in VAT for hospitality, holiday accommodation and attractions to 5% from 12 July 2020 to 12 January 2021 (covid 19 measure).

See Revenue and Customs Brief 10 (2020) Guidance on the temporary reduced rate of VAT

UK VAT Rates From 1 April 2020

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£85,000
Deregistration - next year £83,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



UK VAT Rates From 1 April 2019

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£85,000
Deregistration - next year £83,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



UK VAT Rates From 1 April 2018

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£85,000
Deregistration - next year £83,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



UK VAT Rates From 1 April 2017

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£85,000
Deregistration - next year £83,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



UK VAT Rates From 1 April 2016

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£83,000
Deregistration - next year £81,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



UK VAT Rates From 1 April 2015

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£82,000
Deregistration - next year £80,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



UK VAT Rates From 1 April 2014

Standard Rate 20%
VAT Fraction  1/6
Reduced Rate 5%
Turnover registration limits
(Last 12 months or next 30 days)
£81,000
Deregistration - next year £79,000
Cash Accounting Schemes £1,350,000
Flat Rate Scheme £150,000



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 1 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 1 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:11th March, 2021



Do you know the meaning of any of the following?

Warranty of Authority Decree Absolute Suppressio veri
Corporations Crown Court Committal proceedings
Syli Confiscation order Offer
Trillion Tariff Quotas Quoted company
Wholesaler Id est (i.e.) Batch production
Brainstorm Executor-dative Bank Reconciliation
General Partnership Tax code Corporate Strategy
Variance Non-Resident Cultivated assets
Monetary Policy County Court Bill of indictment
Economic Capital Sub-Division European Court of Justice
Work Permit Quant Margin Scheme Package
Vide Jus Cold Wallet
Petty Cash Routing Principal trade
 

Copyright © 2004-2022 Scopulus Limited. All rights reserved.