I am unclear as to the VAT threshold for a sole trader painter & Decorator. I did look at the revenue site but may have missed where the thresholds are . Is it 36,500 ?
Can someone tell me if during the tax year you feel you are going to exceed the threshold figure before the year end 31st Dec , can you register for Vat any time during that year ? What happens in the situation that you just exceed the threshold near the year end and don't register .
Many thanks
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Can someone tell me if during the tax year you feel you are going to exceed the threshold figure before the year end 31st Dec , can you register for Vat any time during that year ? What happens in the situation that you just exceed the threshold near the year end and don't register .
Many thanks
Love this site