diff --git a/CMakeLists.txt b/CMakeLists.txt
index 7291e78..1c7e081 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -11,7 +11,7 @@
 project(qcbor
     DESCRIPTION "QCBOR"
     LANGUAGES C
-    VERSION 1.1.0
+    VERSION 1.5.0
 )
 
 set(BUILD_QCBOR_TEST  "OFF"  CACHE STRING "Build QCBOR test suite [OFF, LIB, APP]")
diff --git a/README.md b/README.md
index 46a2168..4614880 100644
--- a/README.md
+++ b/README.md
@@ -168,7 +168,7 @@
 
 ## Code Status
 
-The official current release is version 1.4.1 Changes over the last few
+The official current release is version 1.5 Changes over the last few
 years have been only minor bug fixes, minor feature additions and
 documentation improvements. QCBOR 1.x is highly stable.
 
diff --git a/inc/qcbor/qcbor_common.h b/inc/qcbor/qcbor_common.h
index 8fafba8..8e3b05e 100644
--- a/inc/qcbor/qcbor_common.h
+++ b/inc/qcbor/qcbor_common.h
@@ -30,11 +30,9 @@
  * OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE, EVEN
  * IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
  * ========================================================================= */
-
 #ifndef qcbor_common_h
 #define qcbor_common_h
 
-
 #ifdef __cplusplus
 extern "C" {
 #if 0
@@ -60,8 +58,8 @@
  *   - QCBOR 1.0 is indicated by the absence of all the above
  */
 #define QCBOR_VERSION_MAJOR 1
-#define QCBOR_VERSION_MINOR 4
-#define QCBOR_VERSION_PATCH 1
+#define QCBOR_VERSION_MINOR 5
+#define QCBOR_VERSION_PATCH 0
 
 
 /**