VAT Registration Test


There is a mandatory threshold for registering for VAT but there can also be advantages to registering even if you are not required to. For further information please read our VAT - A Small Business Guide.

5 Step Questionnaire

1. Was your turnover in the last 12 months greater than £82,000?

  • YES

2. Who are your customers?

Consumers

Businesses

Both

3. Is your business profitable or lossmaking?

Profitable

Makes losses

4. How long do your customers take to pay you?

Immediately

30 Days

60+ Days

5. How long do you take to pay your suppliers?

Immediately

30 Days

60+ Days

Key Considerations

How We Can Help

We can help you conduct a detailed assessment of the requirements for registering and the likely benefits to your business. Please request a callback and a qualified Chartered Accountant will call you to discuss these issues with you in more detail.

REQUEST A CALLBACK