What Is the VAT Registration Threshold?

VAT Registration: When and How to Register

Businesses must register for VAT if their taxable turnover exceeds £90,000 within a 12-month period. Registration is mandatory, and failure to comply can result in penalties.

Steps to Register:

1. Apply through HMRC’s VAT portal.

2. Keep records of VAT sales and purchases.

3. Submit VAT Returns quarterly.

Voluntary registration may benefit businesses expecting future growth.