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When Should a UK Freelancer Register for VAT?
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When Should a UK Freelancer Register for VAT?
Most freelancers think VAT registration is something that happens to them — a letter from HMRC when turnover crosses £90,000 in a rolling 12 months. But you can register voluntarily at any point, and for some freelancers it is one of the smartest financial moves they make. For others, it is a costly mistake. Here is how to tell which camp you are in. The compulsory trigger is simple: cross £90,000 of VAT-taxable turnover in any rolling 12-month …
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