Do I need to register for VAT?

You must register for VAT if the turnover on taxable activities exceeds the VAT registration threshold. The VAT registration threshold from 1 April 2017 is £85,000. You must register for VAT if you meet either the past turnover test or the future turnover test:

  • Past turnover test – at the end of any calendar month, the value of taxable supplies in the last 12 months has exceeded the VAT registration threshold – notify HMRC within a month of end of month in which threshold exceeded and register from 1st of following month
  • Future turnover test – at any time, there are reasonable grounds for believing that the value of taxable supplies in the next 30 days alone will exceed the VAT registration threshold – register within 30 days of being aware from the date you realised you would exceed the threshold.

Want to discuss further?

Helen Elliott

Partner

Ross Palmer

Senior Tax Manager

Gillian McKay

Senior Tax Manager

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