Hi, say, Kate started to trade on 01/11/10 and the taxable supplies of
Nov 10 was £5000 Dec 10 was £25000 Jan 11 was £69500
I am not sure what happens if the cumulative taxable supplies are over £70,000 in less than 12 months. I made a guess: Notification: by 02/03/11 Effective registration date?01/03/11 Is that right? Thanks.
If cumulative taxable supplies are more than £70000 in less than 12 months then she has to register Hope this helps
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