Do I need to register my company for VAT?

You will have to register your company for VAT with HMRC if its goods and services are VAT taxable - (a.k.a. 'taxable supplies') and its VAT taxable turnover exceeds the current VAT threshold of £85,000 in a 12-month period, or it is expected to exceed this amount in a 30 day period. You must also register if your company receives goods in the UK from the EU worth more than £85,000. Voluntary VAT registration is advisable if you expect your turnover to exceed the threshold amount in the current year, and it can also be beneficial for small businesses whose turnover is below the threshold.