Rates of VAT in United Kingdom
| VAT Rates | |||||||
| 4th-Jan-2011 to date |
1st-Jan-2010 to 3rd-Jan 2011 |
1st-Dec-2008 to 31st-Dec-2009 |
|||||
| Rate | Fraction | Rate | Fraction | Rate | Fraction | ||
| Standard rate: | 20% | (20/120) = 1/6 |
17.50% | (17.50/117.50) = 7/47 |
15% | (15/115) = 3/23 |
|
| Reduced rate: | 5% | (5/105) = 1/21 |
5% | (5/105) = 1/21 |
5% | (5/105) = 1/21 |
|
| Farmers flat-rate | 4% | N/A | 4% | N/A | 4% | N/A | |
Registration and deregistration thresholds
| Registration threshold £ |
Deregistration threshold £ |
|
| 1-Apr-2012 to 31-Mar-2013 | 77,000 | 75,000 |
| 1-Apr-2011 to 31-Mar-2012 | 73,000 | 71,000 |
| 1-Apr-2010 to 31-Mar-2011 | 70,000 | 68,000 |
| 1-Apr-2009 to 31-Mar-2010 | 68,000 | 66,000 |
| 1-Apr-2008 to 31-Mar-2009 | 67,000 | 65,000 |
| 1-Apr-2007 to 31-Mar-2008 | 64,000 | 62,000 |
| 1-Apr-2006 to 31-Mar-2007 | 61,000 | 59,000 |
| 1-Apr-2005 to 31-Mar-2006 | 60,000 | 58,000 |
| 1-Apr-2004 to 31-Mar-2005 | 58,000 | 56,000 |
