- HMRC launched a new tool for businesses considering VAT registration
- The tool estimates the impact of registration on the business
- Businesses need access to sales and costs figures to use the tool
- Changes to VAT registration details must be made using the Agent Services Account from 5 August 2024
- The VAT484 form will no longer be accepted for changes, except in limited circumstances
Source: taxjournal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
