Value Added Tax 2015/16

Standard rate 20%
Reduced rate 5%
Annual Registration Limit – from 1.4.15 (1.4.14 – 31.3.15 £81,000) £82,000
Annual Deregistration Limit – from 1.4.15 (1.4.14 – 31.3.15 £79,000) £80,000