MattSvej
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Completing the Self Assessment for a Self-Employed without VAT registration
As a self-employed, I provide consulting services, 95% of which are rendered outside the United Kingdom. My annual turnover exceeds £85,000 per year. While filling out the Self Assessment form, I encountered the following message: "INFORMATION: As your turnover is above the VAT threshold, a detailed breakdown of your total expenses is required here." How to report my income on the Self Assessment in order to prevent any inadvertent registration for VAT payments?