A consultant MUST register for VAT when the value of your taxable supplies exceeds the registration threshold
If the value of your taxable supplies in the past 12 months or less has exceeded the current VAT registration threshold of £68,000, or the value of your taxable supplies in the next 30 days alone is expected to exceed this threshold, you should complete the application form.
With the introducion of the Vat flat rate scheme it could be beneficial to voluntarily register for VAT.
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