Commentary

V2.136 Liability to VAT registration at any time (future turnover rule)

Part V2 Registration – deregistration

V2.136 Liability to VAT registration at any time (future turnover rule)

V2.136 Liability to VAT registration at any time (future turnover rule)

Liability to VAT registration under the future turnover rule

A person who makes taxable supplies (see V2.134) but are not registered becomes liable to registration at any time if there are reasonable grounds for believing that the value of their taxable supplies in the period of 30 days beginning at that time will exceed the prescribed registration limit (currently £85,0001, see V2.134 for future changes and see 'UK taxable supplies—registration' Tax tables and checklists for past prescribed limits).

From 1 December 2012, registration under this provision only applies to a 'UK-established' person, ie a person who has a business establishment, or some other fixed establishment, in the UK2. Persons who are not UK-established but who makes taxable supplies are, from that date, required to register under VATA 1994, Sch 1A regardless of the level of their taxable turnover. See V2.157.

In this context, the expression 'person who makes taxable supplies' is:

'merely descriptive of the trader, and intended to distinguish him from

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