Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Fri, 05 Jan 2024 09:44:25 GMT by
If you reach £85,000 sales in a month in November 2023, but expect sales to fall below £83000 over next 12 months can you avoid vat registration. in this respect are the 12 months estimated sales going forward for the period 1 December 2023 to 30 November 2024 or a different 12 month period.
Posted Thu, 11 Jan 2024 09:10:02 GMT by HMRC Admin 25 Response
Hi 3peaks,
If you breach the threshold temporarily but you can show that your turnover will not go over the deregistration threshold in the next 12 months then you can apply for an exception from registration.
Please see the guide here:
Working out whether you need to register
Thank you. 

You must be signed in to post in this forum.