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Post Info TOPIC: Voluntarily Registering for VAT
chrisp


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Voluntarily Registering for VAT
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I am just setting myself up as a self employed bookkeeper. 
Although it is highly unlikely that my turnover will reach the VAT threshold, is there any benefit to me becoming voluntarily registered for VAT?
As I am just starting out, I have no idea how many of my potential clients will be VAT registered and how many will not be.
Has anyone got any experience or thoughts on this?

Thanks

Christine

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Julie


Senior Member

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Hi Christine,

I think the only plus point is that you may be taken more seriously in terms of it carrying more weight, like being a limited company !

I am not vat registered or limited myself, but I can see the advantage if you are thinking of taking on larger clients perhaps.  Then again, I have a couple of clients who are vat registered and limited, the  that fact that I am not  has not come up in conversation or been a hinderance.

It depends on how big you want to go ? 

Julie

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chrisp


Veteran Member

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Posts: 25
Date:
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Thanks for your input Julie.

It is encouraging to know that although you yourself are not VAT registered, it is no barrier to successfully finding clients.

Christine

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