VAT: Are you trading above the VAT threshold but not registered? HMRC has recently been writing to businesses which it believes are trading above the VAT threshold, but who are not currently VAT registered. If you have received such a letter, this is what to do: Inform your accountant or contact an accountant In a number of cases, HMRC has not sent a copy of the letter to your designated accountant. It is important to advise your accountant and copy the letter to them so that they can advise you […]