Many businesses must register for VAT once their taxable turnover passes the registration threshold, and some choose to register earlier. Your accountant can confirm the current threshold and whether registration makes sense for you.
Do you have to register, or want to?
Compulsory registration depends on turnover and the type of supplies you make. Voluntary registration can help businesses that pay a lot of VAT on their own purchases.
What changes on your invoices
Once registered, invoices need your VAT number and must show VAT correctly. Ask your accountant for an invoice template that meets the requirements.
Returns and deadlines
VAT returns are filed for set periods, with payment due by a deadline. Agree who prepares the return and how documents will reach the accountant in time.
Cross-border sales
Selling to customers in other EU countries brings additional rules. Raise this early if it applies to your business.
