2026/27 VAT Rates

This page shows VAT rates for the 2026/27 tax year.

VAT

Rates

For an exhaustive list of which category your specific products or services fall into, check the official GOV.UK VAT rates guide.

Type: Standard Rate: 20%
Type: Reduced Rate: 5%
Type: Zero-Rated Rate: 0%
Type: Exempt Rate: Exempt

Flat-Rate Scheme

If you are VAT registered and your estimated VAT taxable turnover in the next 12 months is £150,000 or less, you can join this scheme. This allows you to pay a reduced flat-rate of VAT based on your business type. You must leave this scheme if your total business income in the previous 12 months is more than £230,000 (including VAT).