Should I register for VAT?

For the typical Maslins client, the answer to Q1 below is “Yes”, so it makes sense to register.  However, this won’t apply to all businesses, so I thought the short flow chart below should help people decide whether or not to register their businesses for VAT.

Should I register for VAT
Should I register my business for VAT?

There will inevitably be some exceptions, and exceptions to the exceptions…but for the typical small business the above will apply.

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