A person, whose taxable turnover is below the registration threshold, may register voluntarily.

Reasons for voluntary registration

The reasons for voluntarily registering include:

(a)ease of administration, e.g. if registration is inevitable at some stage, early registration avoids the need to monitor turnover regularly;

(b)avoiding a penalty for late registration. HMRC may assess a penalty if a person registers late for VAT. Voluntary registration should avoid exposure to such a penalty;

(c)having a VAT registration number can be important as a matter of image, to avoid giving the impression of a small operation; and

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