hi - I'm looking for opinions on whether to register for VAT or not. I'm starting a new webshop & don't expect to exceed the turnover threshold for sometime. Probably importing from the UK and US as well as buying from Ireland; selling to consumers.
I don't plan on buying any large equipment in the future except maybe a new laptop - I'm wondering is it worth the hassle of registering when I don't need to for a long time ?
Also - if I do register as a sole trader - can I then use that registration number for another totally unrelated business activity, i.e. is it mine as an individual.
Thanks in advance,
M.
I don't plan on buying any large equipment in the future except maybe a new laptop - I'm wondering is it worth the hassle of registering when I don't need to for a long time ?
Also - if I do register as a sole trader - can I then use that registration number for another totally unrelated business activity, i.e. is it mine as an individual.
Thanks in advance,
M.