Vat Registration

Vat Registration

VAT was invented in the 1950s by Maurice Laure, joint director of the French tax authority, the Direction Générale des Impôts, as Taxe sur la Valeur Ajoutée (TVA in French).

It is a legal requirement for a company to register for VAT with Her Majesty’s Revenue and Customs (HMRC) if its turnover of VAT taxable goods or services supplied within the UK for the previous 12 months is more than the current registration threshold* of £77,000*, or if it expects it to go over that figure in the next 30 days alone. If you are planning to trade within the EU then you must also register for vat. If you do not meet the registration threshold you can make a voluntary registration which can be beneficial.

From the 1st December 2012, if the place of business is not in the UK, the UK VAT registration threshold will not apply. Your registration date will be the earliest date of either;

  • You make any taxable supplies in the UK
  • You expect to make any taxable supplies within the next 30 days

You must register as a Non-Established Taxable Person (NETP). We can if you wish act as your tax representative and maintain VAT records and accounts on your behalf.

*as the registration threshold changes, please contact us for the current figure.

We would be pleased to register your company for VAT and provide any further information you require. Please contact our offices.