- UK HM Revenue and Customs updated VAT Notice 700/1 with new thresholds
- VAT registration threshold increased to £90,000 from £85,000
- VAT deregistration threshold increased to £88,000 from £83,000
- Northern Ireland thresholds for acquisitions also increased to £90,000 from £85,000 on April 1
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
