VAT for Businesses

Whether you run a limited company, sell on Etsy or invoice as a freelancer, VAT shapes your pricing, paperwork and cashflow. Here is the practical playbook.

1. When do you need to register?

Each country sets a registration threshold — annual taxable turnover above which registration becomes mandatory. The UK threshold is £90,000; Germany's Kleinunternehmer limit is €25,000; Ireland's is €42,500 for services. Distance sellers shipping into the EU cross a single €10,000 EU-wide threshold before OSS registration is required.

Below the threshold you may register voluntarily — useful if your customers are VAT-registered businesses (who can reclaim) or if you have significant input VAT to recover.

2. Issuing compliant VAT invoices

A valid VAT invoice typically must show:

3. Reclaiming input VAT

You can reclaim VAT on purchases used for taxable business activities — stock, equipment, software, professional fees. You generally cannot reclaim VAT on purely personal expenses, business entertainment, or purchases tied to exempt activities. Keep digital copies of every supplier invoice for the statutory period (commonly 6–10 years).

4. Filing VAT returns

Most countries file quarterly, though larger businesses file monthly and very small ones may file annually. A return reports output VAT, input VAT, and the net amount owed or refundable. Many jurisdictions now mandate digital submission (UK Making Tax Digital, Italy SDI e-invoicing, Spain SII, France Facturation électronique 2026).

5. Cross-border sales

6. Cashflow tips

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