Soldato
- Joined
- 18 Oct 2002
- Posts
- 7,067
- Location
- Kuala Lumpur, Malaysia
Are you able to get VAT registered for a company, even though you're not planning to start trading for at least a year?
VAT Registration
- Thread starter Ironic Namesake
- Start date
Soldato
- Joined
- 11 Jul 2004
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- 16,166
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- Neptune
What would be the point?
Surely if you're hoping to be able to reclaim taxes then you'd need to be trading in order to justify that.
Or have i misunderstood? ..it's been know to happen.
Surely if you're hoping to be able to reclaim taxes then you'd need to be trading in order to justify that.
Or have i misunderstood? ..it's been know to happen.
Soldato
- Joined
- 14 Nov 2002
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- 7,774
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- Under the Hill
You can register in advance of trading. go to the hmrc website and check out the VAT section
- Joined
- 18 Oct 2002
- Posts
- 7,067
- Location
- Kuala Lumpur, Malaysia
Thanks, all I wanted to know - had a look on the side but couldn't find anything.
I won't need to reclaim back anything if I'm not trading, but need to be able to charge/claim VAT as soon as I start.
well unless the majority of our clients are VAT registered business why don’t you take advance of the fact that you can turn over 60 000 before you have to register for VAT, especially if you have understanding suppliers
If you need a decent accountant my UK accountant lives quite close to you (well if you are still in the same place) he is very good and reasonably with his prices.
You actually probably know of him already if you follow local politics
If you need a decent accountant my UK accountant lives quite close to you (well if you are still in the same place) he is very good and reasonably with his prices.
You actually probably know of him already if you follow local politics