Advertising - VAT

[EdMurphy]

Hi, Would anyone know if an advertising business is required to register for VAT regardless of the treshold of 37500. I have been reading the Fourth Schedule where it seems to say that Advertising is on the list and has no treshold or does this just apply to receipt of Advertising Services? The business takes subscriptions online and provides promotions for the customers. Thanks

 

[censuspro]

The compulsory registration applies to intra EU supplies.

 

[EdMurphy]

Thanks for your reply. So does that mean unless the earnings goes over the limit for VAT, registration is not required, but if there are any sales to an EU country, even one sale, then registration is required

 

[censuspro]

Thanks for your reply. So does that mean unless the earnings goes over the limit for VAT, registration is not required, but if there are any sales to an EU country, even one sale, then registration is required

Thats correct, Are your sales business to business? If so, you´re probably better off registering for vat anyway.