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VAT registration is mandatory for all companies within a year of their incorporation, true or false?

April 26, 2017companies False incorporation mandatory registration VAT year

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VAT registration is mandatory for all companies within a year of their incorporation, true or false?

1 Answer

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False, companies are only required to register for VAT if their taxable turnover exceeds £67,000. They can voluntarily register before they achieve this limit if they choose.