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VAT Registration

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › VAT Registration

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • July 13, 2018 at 4:31 pm #462096
    jelenaper
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    Afternoon Team,

    I hope to get some clarification on the situation below:

    Company is registered in UK working as an agents in logistic industry.
    All company’s clients are Ukrainian registered companies. (There are no UK clients.)

    Should company registered with VAT in this case?

    Regards

    Elena

    July 15, 2018 at 5:02 am #462302
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Elena I think that this is nothing to do with the F6 exam but is your own personal query – but remember if a business makes taxable supplies in excess of the VAT registration limit then it will have to register for VAT, but if its only supplies are zero rated then it does not have to register, though if it did register it would be able to recover any input VAT incurred

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