In the UK, most of the companies with a turnover of more than £85,000 are required to register for VAT. Your taxable turnover is the total value of all taxable sales you make throughout the tax year. Sales that are exempt from VAT do not count towards your taxable turnover.

VAT registration UK is a very easy process and most businesses can register for VAT online. It's also possible to register for VAT through an accountant or by post.