Mohamed Morgan
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Clarification on VAT Registration for SRA-Regulated Firms
Dear HMRC, I am seeking clarification regarding VAT registration requirements for firms regulated by the Solicitors Regulation Authority (SRA) in respect of carrying out reserved legal activities. Specifically: Does the VAT registration threshold of £85,000 apply exclusively to taxable turnover within the UK for such firms? Are there any specific considerations or exemptions for SRA-regulated firms concerning VAT registration, or do they follow the same rules as other businesses? Your guidance on this matter would be greatly appreciated to ensure compliance. Kind regards