VAT: When do I need to register?

A business must register for VAT once taxable supplies exceeds the registration threshold, and can only apply for deregistration when the ‘taxable supplies’¬†cease to¬†exceed the deregistration threshold. The registration and deregistration thresholds can be found here. ‘Taxable supplies’ is the value of everything sold by a business that is not exempt from VAT. Whilst a … Continue reading VAT: When do I need to register?