Will I have to register for VAT?
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Will I have to register for VAT?
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No, not unless you hit the VAT threshold, which is currently £85,000 for the year commencing April 1st 2018. You must register for VAT when your turnover rises above the threshold in the previous 12 rolling months, or if you expect it to do so in the next 30 days. You have to start keeping records and charging VAT to your customers from the date of registration, which is usually the month after your annual turnover exceeded the threshold.
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