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Do I need to be VAT registered? The pros and cons for businesses and tradespeople

Posted on November 27, 2020 at 1:14 PM
Magnifying glass and pen over paperwork

Whether you operate as a sole trader or a limited company, you must register for VAT (Value Added Tax) when your business turnover exceeds £85,000. Some sole traders and limited company directors register before they’re making this much, so what are the pros and cons of doing so? Firstly – what does ‘VAT registered’ actually …

The post Do I need to be VAT registered? The pros and cons for businesses and tradespeople appeared first on Rated People Blog.

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