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VAT, Business Asif Patel VAT, Business Asif Patel

Do we need to register for VAT?

If you make taxable supplies for VAT, you will need to register for VAT if your taxable supplies exceed or will exceed the VAT registration threshold. Read this article to find out when you must register and how to register.

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VAT Asif Patel VAT Asif Patel

Should I register for VAT?

In broad terms, and subject to certain exceptions, a business will be required to register to charge and pay VAT once annual sales reach a pre-set annual threshold, which is currently £85,000.

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