HMRC launches VAT Registration Estimator 

HMRC has launched a digital tool to help businesses estimate what registering for VAT may mean for them. 

The VAT Registration Estimator helps to show businesses when their turnover could require them to register for VAT and its effect on profits. 

The main reasons why a business must register for VAT include: 

  • Total VAT taxable turnover for the previous 12 months is more than £90,000. 

  • Turnover is expected to go over the £90,000 VAT threshold in the next 30 days

The link to the VAT Registration Estimator can be found here

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