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VAT Registration

LMcEvoy · 2014-06-16 17:12:43

I've set up a hairdressing salon last February, I'm on the Back to Work Allowance and have one other employee. Do I register for VAT, my projected sales don't show my annual Sales above €37500 per annum which I've been told is my threshold for VAT registration. Also is this €37.5k - is that turnover/sales or calculated…

16-06-2014 5:12pm

#1

LMcEvoy

Closed Accounts Posts: 4 ✭

Join Date: July 2013

Posts: 1

I've set up a hairdressing salon last February, I'm on the Back to Work Allowance and have one other employee. Do I register for VAT, my projected sales don't show my annual Sales above €37500 per annum which I've been told is my threshold for VAT registration. Also is this €37.5k - is that turnover/sales or calculated after expenses/purchases?
Thanks.

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