Budget 2016 - VAT registration and deregistration thresholds
16 Jun, 2016
The taxable turnover threshold, that determines whether businesses should be registered for VAT, will increase from £82,000 to £83,000 from 1 April 2016. The taxable turnover threshold that determines whether businesses can apply for deregistration will
be increased from £80,000 to £81,000 on the same date.
Businesses are required to register for VAT if they meet either of the following two conditions: