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What you need to do when registering your business for VAT.
Whatever your business structure you may need to register for VAT, or equally take advantage of the benefits of being VAT registered.
If your business turnover reaches or is expected to reach the current VAT registration threshold of £85,000 (from 1st April 2017), during any 12-month period, you will need to register your business for VAT.
Equally, even if you are not predicting this level of turnover, you are still able to register for VAT and therefore reclaim the VAT on goods and services and be ready for any future business growth.
See also: Top 10 things you must do when going self-employed
There are two ways you can register for VAT:
Online
To register for VAT online you will first need to register for HMRC Online Services or the Government Gateway if you are not already registered. This will give you a unique log-in which will allow you future access to the Government portal, and wider services.
Once you are up and running, go to the VAT registration page and complete the required forms. You will need the following details:
See also: How to prepare an invoice
By post
If you are unable to register online, you must, register by post using the following forms depending on your circumstances:
VAT1 | VAT1A | VAT1B | VAT1C |
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Once you have received your VAT number, you can sign-up for a VAT online account.
VAT 4 - Certificate of registration for VAT
Once you have registered, you should receive your certificate of registration, VAT 4, which will state:
Whichever route you choose, all newly VAT registered businesses are required to submit their VAT return and any VAT payments electronically.