Current VAT rates - standard 20% and rates for reduced rate and zero-rated items

VAT (Value Added Tax) is a tax added to most products and services sold by VAT-registered businesses. Businesses have to register for VAT if their VAT taxable turnover is more than …

In the United Kingdom, the value added tax (VAT) [1] was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue, after income tax and National …

Paying VAT on imports from outside the UK to Great Britain and from outside the EU to Northern Ireland; Importing vehicles into the UK

Sep 24, 2020 · Value added tax, or VAT, is the tax you have to pay when you buy goods or services. The standard rate of VAT in the UK is 20%, with about half the items households …

Apr 25, 2024 · Understanding the Value Added Tax (VAT) system in the UK is essential for businesses and individuals engaged in trade and services. This guide will cover the basics of …

How much is VAT in the UK? Different VAT rates apply to different goods and services. The standard VAT rate is 20%. It applies to most goods and services. The reduced VAT rate is 5% …

What is the VAT rate UK? The UK has two VAT rates - a standard UK VAT rate of 20% and a reduced rate of 5%. Since leaving the European Union on January 1st, 2021, the UK is no …

Jan 31, 2025 · VAT is levied on most goods and services in the UK. It's an indirect tax, meaning that it's collected by businesses on behalf of the government and passed on to the end user. …

Suppliers of goods or services in the U.K. must register for, charge, and collect value added tax (VAT) for onward payment to the U.K. tax authority — His Majesty’s Revenue & Customs …