VAT services

VAT Registration Services London

Expert VAT registration services. We help businesses register for VAT with HMRC, including voluntary registration, compulsory registration, and VAT registration advice. Contact our VAT registration team today.

Vat Registration - Acumon

VAT Registration Services

Expert VAT registration services. We help businesses register for VAT with HMRC, including voluntary registration, compulsory registration, and VAT registration advice. Our experienced VAT team will guide you through the VAT registration process, ensuring compliance with HMRC requirements and optimising your VAT position.

When Do You Need to Register for VAT?

You must register for VAT if your taxable turnover exceeds the VAT threshold:

  • VAT Threshold: £85,000 (as of 2024/25 tax year)
  • Compulsory Registration: Required if your taxable turnover exceeds £85,000 in any 12-month period
  • Voluntary Registration: You can register voluntarily if your turnover is below the threshold
  • Registration Deadline: You must register within 30 days of exceeding the threshold

VAT Registration Services

  • VAT Registration Application: Complete VAT registration application with HMRC on your behalf
  • VAT Registration Advice: Expert advice on whether you need to register for VAT and when
  • Voluntary VAT Registration: Assistance with voluntary VAT registration and advice on benefits
  • VAT Registration Planning: Planning for VAT registration to optimise timing and VAT position
  • VAT Scheme Selection: Advice on choosing the right VAT scheme (standard, flat rate, cash accounting, annual accounting)
  • VAT Registration Support: Ongoing support during and after VAT registration

Benefits of Voluntary VAT Registration

Even if your turnover is below the VAT threshold, voluntary registration can be beneficial:

  • Input VAT Recovery: Reclaim VAT on business expenses and purchases
  • Business Credibility: VAT registration can enhance your business credibility
  • Future Planning: Prepare for future growth above the VAT threshold
  • Customer Requirements: Some customers require suppliers to be VAT-registered

VAT Registration Process

Our VAT registration process is straightforward:

  1. Initial Assessment: Review your business circumstances and turnover
  2. Registration Advice: Advise on whether registration is required or beneficial
  3. VAT Scheme Selection: Recommend the most suitable VAT scheme for your business
  4. Application Preparation: Prepare and submit VAT registration application to HMRC
  5. HMRC Liaison: Handle any queries from HMRC during registration
  6. Post-Registration Support: Provide guidance on VAT compliance after registration

VAT Schemes

We can advise on the most suitable VAT scheme for your business:

  • Standard VAT Scheme: Standard VAT accounting with quarterly returns
  • Flat Rate VAT Scheme: Simplified VAT scheme with fixed percentage rates
  • Cash Accounting VAT Scheme: VAT on cash basis rather than invoice basis
  • Annual Accounting VAT Scheme: Annual VAT return with monthly or quarterly payments

Why Choose Acumon for VAT Registration?

  • Extensive experience in VAT registration and HMRC requirements
  • Expert advice on VAT registration timing and benefits
  • Efficient VAT registration process minimising delays
  • Proactive support and guidance throughout registration
  • Seamless integration with our VAT compliance and bookkeeping services
  • Ongoing support and advice on VAT matters after registration

Integration with Other Services

Our VAT registration services integrate seamlessly with our other services:

How to Register for VAT

Follow these steps to register your business for VAT with HMRC. Our expert team can guide you through the entire process.

  1. 1
    Determine if VAT registration is required
    Check if your business meets the VAT registration threshold (currently £85,000 annual turnover) or if you want to register voluntarily. Compulsory registration is required if your taxable turnover exceeds the threshold in any 12-month period. Voluntary registration can be beneficial even if below the threshold, allowing you to reclaim VAT on business expenses.
  2. 2
    Gather required information
    Collect all necessary business information including company registration number, business address, bank account details, details of business activities, estimated annual turnover, and information about any previous VAT registrations. You'll also need details of directors or partners and the date you want VAT registration to start.
  3. 3
    Choose your VAT registration date
    Select the appropriate VAT registration date. For compulsory registration, this must be within 30 days of exceeding the threshold. For voluntary registration, you can choose a date that suits your business. Consider timing to align with your accounting periods and cash flow needs.
  4. 4
    Complete VAT registration application
    Submit your VAT registration application to HMRC, either online through the HMRC portal or with our assistance. The application requires detailed information about your business, activities, and turnover. We can help ensure all information is accurate and complete to avoid delays.
  5. 5
    Receive VAT registration number
    HMRC will process your application and issue your VAT registration number, typically within 2-4 weeks for online applications. Once registered, you'll receive your VAT certificate and must start charging VAT on taxable supplies from your registration date.
  6. 6
    Set up VAT accounting and compliance
    Implement VAT accounting systems, update invoices to include VAT, register for Making Tax Digital (MTD) if required, and set up processes for VAT return preparation. Our team can help set up your systems and ensure ongoing compliance with VAT regulations.

Frequently Asked Questions

You must register for VAT if your taxable turnover exceeds £85,000 in any 12-month period, or if you expect to exceed this threshold in the next 30 days. You can also register voluntarily if your turnover is below the threshold, which may be beneficial if you want to reclaim VAT on business expenses. Registration must be completed within 30 days of exceeding the threshold.

Voluntary VAT registration allows you to reclaim VAT on business expenses, which can improve cash flow and reduce costs. It can also make your business appear more established and professional to clients. However, you'll need to charge VAT on your sales, so consider whether this affects your pricing and competitiveness. We can help you evaluate whether voluntary registration is right for your business.

Online VAT registration applications are typically processed within 2-4 weeks by HMRC. Paper applications can take longer, up to 6-8 weeks. The processing time depends on the complexity of your application and whether HMRC requires additional information. We can help ensure your application is complete and accurate to minimise delays.

After registration, you'll receive your VAT registration number and certificate. You must start charging VAT on taxable supplies from your registration date, include your VAT number on invoices, keep VAT records, submit regular VAT returns (usually quarterly), and comply with Making Tax Digital (MTD) requirements if applicable. Our team can help you set up systems and processes for ongoing VAT compliance.

VAT registration can be backdated in certain circumstances, typically up to 4 years if you should have been registered earlier. However, backdating means you'll need to account for VAT on past sales and may face penalties for late registration. HMRC will assess whether backdating is appropriate based on your circumstances. We can help you understand the implications and handle any backdated registration requirements.

Standard rate VAT (currently 20%) requires you to charge VAT on sales and reclaim VAT on purchases, with the difference paid to HMRC. Flat rate VAT (rates vary by business type, typically 6-16.5%) allows you to pay a fixed percentage of your turnover to HMRC, but you generally cannot reclaim VAT on purchases. Flat rate can be simpler but may not always be beneficial. We can help you determine which scheme is best for your business.

Next steps

Get in touch with our VAT registration team to discuss your VAT registration requirements. Our experienced team will provide expert VAT registration services tailored to your business needs.