VAT Guide

When you must register for VAT

If you're a business and the goods or services you provide count as what's known as 'taxable supplies' (see 'What is VAT charged on' below) you'll have to register for VAT if either:

• your turnover for the previous 12 months has gone over a specific limit - called the 'VAT threshold'  which is   £90,000 from 01/04/2024

• you think your turnover will soon go over this limit

You can choose to register for VAT if you want, even if you don't have to.

For full VAT guide : http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_CL_001596&propertyType=document

Source of Information: http://www.hmrc.gov.uk/vat/start/introduction.htm

                                     http://www.nationalarchives.gov.uk/doc/open-government-licence/