Any Leeway with registering for VAT?

[MEC]

Eric Mc said:

It just pushes the chicanery to another higher level.

The Office of Tax Simplification recommended that the threshold be drastically reduced - to around £45,000 - £50,000 to try and generate a level playing field for any serious businesses. The Chancellor agreed with them but was reluctant to make any changes to the VAT threshold when there are too many dramatic things happening around VAT as it is.

I thought the DUP were also very against the idea which wouldn't help!

[Eric Mc]

I wasn't aware of that but I'm sure the Chancellor factored in many considerations before deciding to put the idea on ice.

[megaphone]

OP think about all the cash-in-hand you'll generate from the domestic customers who won't want to pay the VAT, loverly jubberly!