VAT
Flat Rate VAT scheme
Businesses can register to join the FRS scheme where turnover is expected to be less than £150,000 (excl VAT per annum). You can register voluntarily where your turnover does not exceed the current £82,000 threshold and take advantage of the […]
VAT Registration – when to register
Compulsory registration You must register for VAT when you go over the threshold, or know that you will. The VAT threshold is currently £82,000 For example, if after 3 months your business turnover is £24,000, as this equates to £84,000 […]