How To Register Business Vat

Go to the organizations main menu 4.

How to register business vat. When to submit your first vat return and payment. Whatever your business structure you may need to register for vat or equally take advantage of the benefits of being vat registered. If your business turnover reaches or is expected to reach the current vat registration threshold of 85 000 from 1st april 2017 during any 12 month period you will need to register your business for vat. A business may also register voluntarily if the income earned in the past 12 month period exceeded r50 000. Login to sars efiling 3.

Essential documents for vat registration. Some goods and services are exempt from vat such as education and health. You must register if by the end of any month your total vat taxable turnover for the last 12 months was over 85 000. Click sars registered details on the side menu 5. When to register for vat.

Once you ve registered hmrc will send you a vat registration certificate confirming. Follow these easy steps. You have to register within 30 days of the end of the month when you went. Most businesses can register online including partnerships and a group of companies registering under one vat number. How to register for vat.

Select vat and follow the final steps to complete your vat registration application. In order to gain access to the vat online services you must first have registered for hmrc online services or the government gateway. Online or via a paper form. Applicants who have a business established in the state should complete the following forms online. Unless you have unusual circumstances for example if you trade internationally or are part of a group you may register for vat online at hmrc s website www hmrc gov uk.

There are currently two ways to register for vat. What registration forms should you complete online. Registering for vat online. Your effective date of registration. Once your income reaches the 85 000 limit on your vatable turnover then you can register for vat online.