Commentary

V7.134 Supplies made before a VAT registration number has been allocated

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.134 Supplies made before a VAT registration number has been allocated

Part V7 Tax planning | Commentary

V7.134 Supplies made before a VAT registration number has been allocated

What happens if a business is liable to be registered for VAT, and needs to start charging VAT from, say, 1 June, but that date arrives and it has still not received details of its VAT registration number from HMRC?

The rules state that a business must start charging VAT from the date it knows it has to be registered. This means that it can charge VAT before it is actually registered but, until it has received a VAT registration number, it must not show VAT as a separate item

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