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UK freezes VAT registration threshold till 2022

The UK Chancellor today announced that the £85,000 annual VAT registration threshold will be frozen for a further two years.

There is already a 2-year freeze in place until 2020. So this new extension will last until April 2022.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.