Budget 2015: VAT registration and deregistration thresholds

The current VAT registration threshold is £81,000.

The current deregistration threshold is £79,000.

With effect from 1 April 2015 the VAT registration threshold will be £82,000 and the deregistration threshold will be £80,000.

Businesses will be able to defer their date of VAT registration until their turnover breaches £82,000 and will be removed from VAT registration when their turnover is below £80,000.