VAT registration and deregistration thresholds

	From 1 April 2017 £	From 1 April 2016 £	From 1 April 2015 £	From 1 April 2014 £	From 1 April 2013 £
Registration threshold	85,000*	83,000	82,000	81,000	79,000
De-registration threshold	83,000	81,000	80,000	79,000	77,000

 

*In 'VAT registration threshold: summary of responses', the chancellor proposed that the VAT registration threshold will remain fixed until April 2022.

 

VAT registration and deregistration thresholds - earlier years

	From 1 April 2012 £	From 1 April 2011 £	From 1 April 2010 £	1/5/2009 to 31/03/2010 £	1/4/2008 to 30/04/2009 £
Registration threshold	77,000	73,000	70,000	68,000	67,000
De-registration threshold	75,000	71,000	68,000	66,000	65,000

Registration threshold

If taxable turnover for VAT purposes in the previous 12 months exceeds the threshold.

Or,

VAT registration is compulsory if either of the following applies:

• VAT taxable turnover may go over the threshold in the next 30 days alone.
• When a VAT-registered business is taken over as a going concern.

Deregistration threshold

If VAT taxable turnover for the year is less than or equal to the deregistration theshold or it is expected to fall below it in the next 12 months, a business has the option of deregistering - if it wants to.

VAT scheme thresholds

Scheme	Turnover to join	Turnover to leave
Flat Rate	Up to £150,000	Over £230,000
Cash Accounting	Up to £1.35 million	Over £1.6 million
Annual Accounting	Up to £1.35 million	Over £1.6 million