Is it possible to register a company for VAT for a date that fall sin the middle of a month (ie. the beginning of a contract) or does it have to fall at the beginning of a month/quarter?
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Mid month VAT registration
Collapse
X
-
Mid month VAT registration
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk -
You can register at any point, it just means your first return will be slightly longer - say 20 December 2010 to 31 March 2011. Quarter dates from then on will always fall at the end of the month. -
So if I wanted to have registered on Aug 19th and my accountant registered me on August 1st - why would they have done that?
I have first half of August invoices I didn't charge VAT for as I wasn't registered at the time. I'm not going to go back to previous client and ask for backdated VAT am I supposed to pay it myself? Isn't that a bit messy?
Why would my accountants have registered me at the beginning of the month instead of the coomecement of a new contract on the 19th which I requested?"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
-
It sounds like you need to go back and ask your accountant - there's no reason they could not have put the 19th if that's what you asked for (providing you didn't go over the VAT limit).Originally posted by Jog On View PostSo if I wanted to have registered on Aug 19th and my accountant registered me on August 1st - why would they have done that?
I have first half of August invoices I didn't charge VAT for as I wasn't registered at the time. I'm not going to go back to previous client and ask for backdated VAT am I supposed to pay it myself? Isn't that a bit messy?
Why would my accountants have registered me at the beginning of the month instead of the coomecement of a new contract on the 19th which I requested?
It's actually quite normal to not charge VAT then go back and raise a VAT only invoice when the registration comes through, although this is usually when you first start and the company is in the process of being set up.
Give your accountant a call.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers

Comment