Registration

Registration for VAT is obligatory:

  • At the end of any month, if the value of the taxable supplies (supplies taxed at the rates of 0% and/or 5% and/or 15%) in the period of one year, then ending has exceeded ₤9.000, or
  • At any time, if there are reasonable grounds for believing that the value of the taxable supplies in the period of 30 days, then beginning will exceed ₤9.000.

Businesses with a turnover of less than ₤9.000 can be registered voluntarily.