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VAT — Rates and Thresholds
| Rates | 2025/26 | 2024/25 |
|---|---|---|
| Standard | 20% | 20% |
| Reduced | 5% | 5% |
| Zero | 0% | 0% |
| Exempt | N/A | N/A |
| Thresholds 1 | 2025/26 | 2024/25 |
|---|---|---|
| VAT registration | £90,000 | £90,000 |
| VAT de-registration | £88,000 | £88,000 |
- The VAT registration and deregistration thresholds will be frozen.