HMRC launch VAT Registration Estimator
12 July 2024
12 July 2024
HMRC has launched a new online tool to help businesses understand the impact that VAT registration would have on them.
VAT registration is required if;
The estimator demonstrates the implications of registering for VAT and provides links to relevant information about the process for registration. The estimator will show what VAT might be due, including what could be reclaimed and inputs can be varied to show the implications of differing scenarios. It should also be useful for a business trading below the threshold but considering voluntary registration.
The estimator is free to use and does not record the information that you input.
You can access the estimator here