VAT Registration Help

Registering for VAT is a key step for many UK businesses. You must register if your taxable turnover exceeds £90,000 in any rolling 12-month period or if you expect to exceed that threshold in the next 30 days. You also need to register if you sell goods directly into Great Britain from abroad, as overseas sellers have a zero threshold. 

Voluntary registration remains an option for businesses below the limit, especially if reclaiming input VAT will benefit cash flow. Once registered, you receive a unique VAT number and must begin charging VAT on your taxable supplies. You then file regular VAT returns, keep digital records under Making Tax Digital and adhere to all HMRC rules.

The registration process is straightforward but demands accuracy. First, gather your business details: legal name, trading address, turnover estimates and bank information. Next, complete the VAT1 form online through HMRC’s GOV.UK portal or use compatible accounting software. 

You will need your Unique Taxpayer Reference (UTR) and National Insurance number. HMRC typically issues your VAT registration certificate within 30 working days. This document states your effective date of registration and your new VAT number. From that date, you charge VAT correctly and file returns on time. Failing to register when required can lead to penalties and backdated VAT liabilities, so monitoring turnover and acting promptly is vital.