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From 6th April 2024 the VAT threshold moves from £85,000 to £90,000.
If you business’s turnover was more than £90,000 in the last 12 months (calculated on a rolling basis), you must therefore register for VAT.
Damion Viney has been supporting business owners to make a success of their ventures since 2011 when he set up Co-. Blogs cover all aspects of business development. He is co-author of Improving the Numbers.