The VAT rates and thresholds are as follows:

From1 April 20161 April 20171 April 20181 April 2019
Lower rate0%0%0%0%
Reduced rate5%5%5%5%
Standard rate20%20%20%20%
Registration turnover£83,000£85,000£85,000£85,000
Deregistration turnover£81,000£83,000£83,000£83,000
Acquisitions from EU member states, registration and deregistration threshold£83,000£85,000£85,000£85,000

Note: Autumn Budget 2017 announced that the VAT registration and deregistration thresholds will remain unchanged from 1 April 2018.