vat threshold?

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what is the vat threshold

2007-09-20 12:36:00 · 2 answers · asked by dubliner 1 in Business & Finance ➔ Taxes ➔ United Kingdom

2 answers

As Laurie says it is £64,000.

But don't forget that this is a rolling 12 month limit. You should check at the end of each month and take the figures for the twelve months ending at that month.

Also, it is total taxable turnover, even if some of it would be zero-rated.

2007-09-20 20:28:11 · answer #1 · answered by tringyokel 6 · 0⤊ 0⤋

presently it is Â£64,000, but you can register for vat if your turnover is less.

2007-09-20 19:47:17 · answer #2 · answered by Laurie 2 · 0⤊ 0⤋