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Failure to Notify HMRC of Requirement to Register for UK VAT

In an effort to ensure that all UK businesses with a taxable turnover exceeding the VAT registration threshold are accounting for VAT on relevant supplies in line with their VAT obligations, HMRC have issued letters to those they believe are trading above the threshold but have not yet registered to ascertain whether retrospective action is required.

Source: thevatpeople.co.uk

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