officepres
Registered User
- Messages
- 31
Hi,
I have made a bit of a mess with my VAT and could do with some advice. Here is the story. I started a business and discovered that i did not need to pay vat until i had a turnover greater than a certain figure so I started by not charging or registering for VAT. Then when in certain months i began turning over close to ( or greater than ) the deciding figure ( divided by 12 for month ) I decided that I should now register for VAT so what I did was a) got the registration form from the revenue b) started up a savings account for VAT in my bank and c) started charging my customers VAT..... however to cut a long story short between the recession, being short of money and extremely busy I never ended up actually registering (and of course my savings account has a nil balance ! ) That has been almost a year ago and I realise that I must register immediately; however when I fill in the form should I just fill it in as if I had only started charging vat at this present time or should i make some mention of the last year, and if I do will they throw the book at me or land me with a huge bill to be paid back in a few days. Has anyone any experience of this or advice.
I have made a bit of a mess with my VAT and could do with some advice. Here is the story. I started a business and discovered that i did not need to pay vat until i had a turnover greater than a certain figure so I started by not charging or registering for VAT. Then when in certain months i began turning over close to ( or greater than ) the deciding figure ( divided by 12 for month ) I decided that I should now register for VAT so what I did was a) got the registration form from the revenue b) started up a savings account for VAT in my bank and c) started charging my customers VAT..... however to cut a long story short between the recession, being short of money and extremely busy I never ended up actually registering (and of course my savings account has a nil balance ! ) That has been almost a year ago and I realise that I must register immediately; however when I fill in the form should I just fill it in as if I had only started charging vat at this present time or should i make some mention of the last year, and if I do will they throw the book at me or land me with a huge bill to be paid back in a few days. Has anyone any experience of this or advice.