Rogela Accounting Services
St Nicolas Park • Nuneaton • Warwickshire • CV11 6HY
You do not HAVE to be registered for VAT if your business turnover is less than £79,000 per annum, although you can register voluntarily below the regulatory limit and sometimes it can be advantageous to do so.
Go above the limit and you have NO CHOICE but to register.
VAT is another issue that introduces a whole new level of administration and rules
I can produce your vat returns and will also advise which of the special schemes might be advantageous to your business.
Even the sole trader has to file a Self-
Done professionally however there can be legitimate opportunities to keep the tax bill down