VAT Registration

At Companies999, we understand that new businesses face a lot of challenges, which is why we offer a VAT registration service. We’ll handle the process for you, giving you more time to focus on your business needs. If you already have a company, please login or register to use our VAT Registration Service. Alternatively you can include it in the checkout with our formation packages.

VAT Registration:

When to register for VAT

If your business turnover is £85,000 or above, you will need to register for VAT. If your turnover is less than £85,000, you can still register voluntarily.

Main Advantages to Voluntary VAT Registration:

  • Customers can Reclaim VAT: You can choose which VAT scheme is suitable for your business, thus reducing your VAT bill.
  • Businesses can Reclaim Start-up Costs: VAT on assets and services often suffer in the process of starting a business. This can be recovered from HMRC in the VAT return, thereby helping start-up cash flow.

Main Disadvantages to VAT Registration:

  • Accuracy Needed: You must charge the correct amount in VAT.
  • HMRC Payments: Any VAT due must be paid to HMRC.
  • Time Consuming: You must submit VAT returns. These can take time to produce.
  • Extra Records to Keep: VAT records must be kept and a VAT account used.

Alternative ways to buy

Do you need any help?

Contact us, we will be happy to help you!

0121 236 8560