Giorgio Hi, part of my income comes from affiliations I have with platforms like booking.com, Ads from Google and so on. Now the income is very low, less than £300 per month but I was wondering if I need to have a VAT account for it. Thank you
AlexandraMoore Hi, If this is your only income for your business then no, you do not need to be VAT registered. The threshold is £85,000. But you can voluntarily register if you want to. We also have this article: https://www.crunch.co.uk/knowledge-tax/flat-rate-standard-vat-registration-explained If you have any more questions then do not hesitate to get in touch.
