What are the advantages of VAT registration?

Modified on Mon, 20 Jul 2020 at 12:36 AM

Voluntary VAT registration can provide a number of benefits to certain businesses. You could significantly improve your company's cash flow by charging VAT on sales and reclaiming the VAT that you are charged by other businesses. A VAT registration number will be advantageous if you hope to do business with larger corporations because many of them will insist on a VAT number. Additionally, it will give the impression that your company is larger than it actually is, which will be really appealing to other companies and organisations, and particularly intimidating to your competitors!

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