Voluntary VAT on second business

Forum Categories › VAT REGISTRATION › Voluntary VAT on second business

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  • 20 November 2020 at 12:48 #55684
    Si
    Member

    I run a small non VAT registered business with a turnover of around £12,000
    I want to set up another completely unrelated business. Combined turnover of both businesses will be below VAT threshold. Can I voluntarily register the second business for VAT without the first business?

    26 November 2020 at 22:23 #56061
    VAT-adviser
    Member

    yes you can.

    By the way, genuine business splitting is not a VAT issue if business are indeed unrelated and no not share may common financial, economic and organizational attributes eg common location, products, staff etc

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