Leaving VAT Cash Accounting at £1.6m
Separate the £1.6m leaving signal from the treatment of outstanding VAT and one-off sales.
Decision boundary
Annual taxable turnover above £1.6 million generally triggers leaving at the end of the current VAT period. HMRC, not this calculator, determines one-off exceptions and transition accounting.
Evidence to check
- VAT-taxable turnover for the rolling 12 months
- Whether an increase is genuinely one-off under HMRC conditions
- Outstanding output and input VAT when the scheme ends
Official source
General information only. HMRC determines scheme eligibility, payment periods, exclusions and transition accounting.