Understanding VAT Thresholds in the UK

1 min read•Registration

Understanding VAT Thresholds in the UK

VAT thresholds are key indicators that determine whether a business must register for VAT. Understanding these thresholds is crucial for business compliance.

Current VAT Thresholds

  • Current registration threshold: £85,000
  • De-registration threshold: £83,000
  • Calculation period: Any rolling 12-month period

How to Monitor Your Turnover

  1. Regularly check your sales figures.
  2. Include all taxable supplies.
  3. Exclude exempt items.
  4. Maintain accurate records.

Special Scenarios

  • Anticipating threshold breaches.
  • Seasonal business considerations.
  • Combined turnover from multiple businesses.

Related Guides

Benefits of Voluntary VAT Registration

Explore the advantages and considerations of registering for VAT before reaching the threshold.

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Complete Guide to VAT Registration

Everything you need to know about registering for VAT in the UK, including when to register and how to apply.

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