HM Revenue and Customs have made changes to the VAT registration threshold form 1 April 2016 to £83,000 pa

The Deregistration limit will change on 1 April 2016 to £81,000 pa

Annual accounting scheme turnover limit £1,350,000 pa
Cash accounting scheme turnover limit £1,350,000 pa
Flat rate scheme turnover limit £150,000 pa

Standard Rate 20%
Reduced Rate 5%