31/10/2026
Even if you are not VAT registered yet, you should track VAT from the start 🧾📊
VAT registration is based on taxable turnover, so growing businesses need to know where they stand before they cross the line.
▪️ Track taxable turnover
VAT registration is triggered when taxable turnover goes over £90,000 in a rolling 12-month period, or if you expect to go over the threshold in the next 30 days ⚖️
▪️ Check monthly
Do not wait until year end. Look back over the previous 12 months every month 🔍
▪️ Know what counts
Taxable turnover includes sales that are standard-rated, reduced-rated or zero-rated. Exempt income is treated differently.
▪️ Plan your pricing
VAT affects how much you charge, how invoices look and how much cash you need to set aside 💷
▪️ Keep clean records
Good bookkeeping makes VAT registration and returns much easier if the time comes 📌
Starting a business? We can help you track VAT properly from day one and avoid late registration problems.
📞 Call: 01634 926303
📧 Email: [email protected]