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Tax Facts - VAT & Stamp Taxes 

Value Added Tax 
 
Standard rate 20% 
Lower rate 5% 
Registration level from 1 April 2016 £83,000 pa 
Deregistration limit from 1 April 2016 £81,000 pa 
 
VAT car fuel scale charges from 1 May 2016 
CO2 emissions grams per kilometre 
Quarterly Returns VAT incl 
Monthly Returns VAT incl 
120 or less 
133 
44 
125 
200 
66 
130 
213 
70 
135 
227 
75 
140 
240 
80 
145 
254 
84 
150 
267 
88 
155 
281 
93 
160 
294 
97 
165 
308 
102 
170 
320 
106 
175 
334 
111 
180 
347 
115 
185 
361 
119 
190 
374 
124 
195 
388 
129 
200 
401 
133 
205 
415 
138 
210 
428 
142 
215 
441 
146 
220 
455 
151 
225 or more 
468 
155 
Stamp Taxes 
Shares and marketable securities 0.5%* 
 
* (Rounded up to the nearest multiple of £5. Transactions of value £1,000 or less exempt) 
 
Transfers of land and buildings (consideration paid) 
Residential* 
Rate *** 
Non-Residential** 
Rate 
£125,000 or less 
Nil. 
£150,000 or less 
Nil 
£125,001 - £250,000 
2% 
£150,001 - £250,000 
2% 
£250,001 - £925,000 
5% 
Over £250-000 
5% 
£925,001- £1,500,000 
10% 
 
 
Over £1,500,000 
12% 
 
 
* Payable on consideration which falls in each bracket 
**Payable on consideration which falls in each bracket from 17 March 2016 
*** Rates may be increased by 3% where further residential properties costing £40,000 or over are acquired on or after 1 April 2016 
 
SDLT is charged at 15% on interests in residential dwellings costing more than £500,000 purchased by certain non-natural persons. 
 
 
Services 
 
Tax Facts 
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