Client accessAutumn Statement 2022 – VAT
Budget Summary
- Income tax
- National insurance contributions
- Capital gains
- Inheritance tax
- Stamp duty land tax
- Land transaction tax
- Business
- VAT
- Vehicles
- Welfare, work and pensions
- Energy
The VAT registration and deregistration thresholds will not change for a further period of two years from 1 April 2024, staying at £85,000 and £83,000 respectively.
According to the government, at £85,000, the UK’s VAT registration threshold is more than twice as high as the EU and OECD averages.
