You're doing business in the UK, or intend to start
You may need to register for VAT, or you may be able to choose to register voluntarily, if you are doing any of the following kinds of business in the UK:
- Supplying goods or services within the UK. If your turnover of VAT taxable goods and services supplied within the UK for the previous 12 months is more than the current registration threshold of £70,000, or you expect it to go over that figure in the next 30 days alone, you must register for VAT. See the section in this guide on calculating your VAT taxable turnover.
- Taking over a VAT-registered business from someone else. You have to add your own VAT taxable turnover over the last 12 months (if any) to that of the business you're taking over. If the total goes over the registration threshold on the day of the takeover (currently £70,000), you'll have to register - but you can ask HMRC if they can make an exception and allow you not to register for VAT on this occasion. You will have to show HMRC that you expect the combined turnover in future to be below the de-registration threshold (currently £68,000) - for example, because you won't be opening for the same number of hours.
- Receiving goods from other countries in the European Union (EU).If you have received goods from other EU countries in the UK (these are known as acquisitions) with a total value greater than £70,000 in the current year since 1 January, or you expect to acquire more than that value in the next 30 days alone, you must register for VAT.
- Supplying goods or services from the UK to other countries. See the section in this guide on supplying goods or services from the UK to other countries.
- Supplying goods or services to the UK from other countries. See the section in this guide on supplying goods or services to the UK from other countries.