Vat when do you need to register

This is where good accounting software can help Have to pass on higher prices to customers, especially if you typically deal with the general public and not VAT registered businesses who can claim back their VAT. Which VAT scheme should I use?

Annual Accounting Scheme: Instead of making quarterly returns, this scheme lets you make advance payments towards your bill throughout the year. You then file one VAT return and pay the balance — or claim back a refund for any overpayments. Before you log on and begin your registration, you need the following information to hand: Your Unique Tax Reference.

Your company number and registered address. Details of any associated businesses from the past two years. You may get a penalty depending on how much you owe and how late your registration is.

Print entire guide. Brexit Check what you need to do. Is this page useful? Maybe Yes this page is useful No this page is not useful. Thank you for your feedback. Report a problem with this page. What were you doing? What tax rates apply to me? How is my tax collected? What if I cannot pay my tax bill? Do I need to complete a tax return? Self Assessment: understanding the basics What is Simple Assessment?

How do I claim tax back? How do I claim back tax if I complete a tax return? How do I claim back tax on savings income? How do I claim a marriage allowance refund? How do I claim back tax on a payment protection insurance PPI pay-out? Should I use a tax refund company? What is National Insurance? How do I get a National Insurance number? What are Adult Specified Childcare credits?

What is Scottish income tax? What is devolution? Do I have to pay Scottish income tax? How does Scottish income tax work? What is Welsh income tax? Do I have to pay Welsh income tax? Do I have to join a pension scheme? What if I have a tax credits overpayment? Working through a limited company What is the national minimum wage?

How do I work out my tax? How is tax collected on taxable state benefits? How do I check my coding notice? What tax do I pay on redundancy payments? Termination payments on leaving the armed forces Employment benefits and expenses What are benefits-in-kind?

What payments and benefits are non taxable? What if I incur expenses in relation to my job? Survey cookies are set by a third-party service provided by Qualtrics. These cookies are required in order for our feedback functionality to work. The survey cookies collect information about the page you are providing feedback from. When you save your survey cookies choice below, a cookie will be saved on your device to remember your choice. These cookies are set as session cookies and will be deleted once you close this browsing session.

We welcome your feedback and you can help us to continue to improve our website by turning survey cookies on. This website uses cookies in order for our video functionality to work. You can choose to set these optional video cookies that are described below. YouTube cookies are set by a third-party service provided by YouTube, a company owned by Google. These cookies are required in order for our video functionality to work.

When you save your YouTube cookies choice below, Revenue will save a cookie on your device to remember your choice.