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UK VAT Rates Section
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 2009Standard 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?
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