Ely Tax & Accountancy joined the Ely office of Whiting & Partners Chartered Accountants & Business Advisers on 1st October 2017, you should shortly be redirected to the Whiting & Partners website https://www.whitingandpartners.co.uk
VAT
Rates
The VAT rates and thresholds are as follows:
From | 1 April 2014 | 1 April 2015 | 1 April 2016 | 1 April 2017 |
Lower rate | 0% | 0% | 0% | 0% |
Reduced rate | 5% | 5% | 5% | 5% |
Standard rate | 20% | 20% | 20% | 20% |
Registration turnover | £81,000 | £82,000 | £83,000 | £85,000 |
Deregistration turnover | £79,000 | £80,000 | £81,000 | £83,000 |
Acquisitions from EU member states, registration and deregistration threshold | £81,000 | £82,000 | £83,000 | £85,000 |