How voluntary VAT registration can benefit your business

There are pros and cons to becoming VAT registered, but ultimately, if you're looking to grow your business then learn how you can take advantage through voluntary VAT registration. Lauren explains how.

Access the full article which is regularly updated: https://www.ridgefieldconsulting.co.uk/tax-guides/voluntary-vat-registration/

For more content like this, visit the 'Tax Guides' page on our website: https://www.ridgefieldconsulting.co.uk/tax-guides/

Sign up to our email newsletter for the latest tax and accounting articles: https://www.ridgefieldconsulting.co.uk/#newsletter

Chapters

• 0:54 What is VAT?
• 1:55 What is the VAT threshold?
• 3:03 When do you have to register for VAT?
• 4:01 How does voluntary VAT registration benefit your business?
• 8:21 What are the drawbacks of voluntary VAT registration?
• 11:16 What is Making Tax Digital (MTD)?
• 11:59 What does MTD mean for VAT returns?
• 12:53 How to register for VAT in the UK?
• 13:13 Can I cancel my voluntary VAT registration?
• 14:17 Get help with your VAT returns