VAT registration can be a time consuming, confusing and expensive exercise. However for most businesses it is a fact of life. If you have a turnover in excess of £85,000 (will remain at this until 31 March 2024) in the last twelve months or in the next thirty days, VAT registration almost certainly applies to you.
There may also be reasons why VAT registration could benefit your business even if your turnover does not meet the threshold for compulsory registration. We will advise you on your statutory obligations and assist you in maintaining the necessary records.