If your taxable turnover exceeds the VAT registration threshold (£85,000), you must register for VAT. Failure to do so can result in penalties, back payments, and interest.
What happens if I do not register for VAT but should have?
< 1 min read
< 1 min read
If your taxable turnover exceeds the VAT registration threshold (£85,000), you must register for VAT. Failure to do so can result in penalties, back payments, and interest.