The UK HM Treasury has issued the Value Added Tax (Increase of Registration Limits) Order 2015, made 17 March 2015. The Order adjusts the registration and deregistration thresholds for value added tax (VAT) purpose for persons who make taxable supplies or acquisitions from other EU Member States. The thresholds are amended as follows:
- Standard registration threshold is increased from GBP 81,000 to GBP 82,000, and
- The deregistration threshold is increased from GBP 79,000 to GBP 80,000 when ma…