Questions Categories

How can I calculate my turnover for voluntary VAT?

I’m considering voluntary VAT registration for my UK business to claim back expenses. But I’m a bit unsure—how exactly do I calculate my turnover for voluntary VAT registration? Do I include all sales or just taxable ones?

2 Person liked

Answer by: abdullah-al-naim

3 days ago

You must determine the total quantity of goods sold to clients to determine your turnover for voluntary VAT registration.
https://businessglobalizer.com/blog/uk-vat-rates-essential-guide-to-correct-vat-calculations/

0 Person Upvote