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- The advantages of registering for VAT: You can reclaim VAT on purchases Your business will appear larger and more established The disadvantages of registering for VAT: Increased paperwork and adminanna.money/blog/guides/should-i-be-vat-registered-a-guide-to-vat-filing-schemes/
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WebBeing VAT registered does require more admin – such as adding VAT to client invoices, managing VAT invoices and receipts, and submitting quarterly or annual VAT returns and payments. The main con of being …
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WebBecoming VAT registered: pros and cons. So, without further ado, we first launch into the pros followed by the cons of being VAT registered. Take a look. Pros. Here are some of the perks of being VAT registered: Input …
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