Would it be alot better for me to go VAT registered? (i havent crossed the VAT threshold yet)

 

we would need more details of what your doing to help you with this.

 

Probably not, more aggravation then it's worth IMO - best to avoid the VAT man where possible. Guess it depends on your personal circumstances though.

 

i part own a car parts company (dont trade on here anymore though).

Just wondering as i feel i may not always be getting taken seriously with me not being vat registered... hmmmmmmmmm..

 

I thought about going VAT registered but its just not worth it for me, will cross the thresshold when i come to it.

 

Worked for me even when I was below threshold. Although in my line of work it's a must if you want to seen as a sucsessful company even as a sole trader.

 

If you supply trade you have to be VAT registered really..if you dont...not a big concern IMO.

 

It depends on how much of your business is VAT claimable. It has its positive and negative points.

VAT returns are a bit time consuming and you need to know what you can and can't claim for, but then being an ex-Accountant I've done it a thousand times

And no, you don't have to be VAT registered but it does help, ie: setting up customer/supplier accounts and obtaining credit etc.