Charging VAT?
Charging VAT?
Out of context: Reply #3
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- maikel0
Below the threshold mentioned above ^ you can voluntarily register yourself for VAT. You can benefit on discharging VAT from your purchases if you are in, but not sure if it works for sole traders (which is what you effectively are, unless you listed yourself as something else).
In any case, you cannot charge for something that you are not paying. Basically, you collect VAT to pay it in your taxes. If you are not registered, do not bill it.
Britain is pretty much straight forward for this things, thankfully.