• PTA

How to View Your VAT Certificate Online?

A VAT certificate is a very important document for you if you have a VAT registered company in the UK. It contains essential information about your company's VAT status. If you've lost your copy or want to check your information, don't worry it’s easy to get the information you need from HMRC. Read this guide to find out how to access this important VAT certificate online. But first, let's discuss some important points about VAT certificates.

What Is VAT Certificate?

A VAT certificate is an extremely important document issued by HMRC to certify that your business is officially registered for VAT. The certificate contains a number of important details, including your unique VAT number and registration date.

All VAT certificates are issued by local government authorities such as HMRC in the UK. This form of license allows all businesses subject to VAT regulations to legally file taxes, access refunds of due taxes and trade with other countries, regardless of the industry in which they operate.

VAT Certificate

Do I Need a VAT Certificate?

Currently, the VAT chargeable turnover is £85,000. Therefore, if your business has a turnover in excess of this amount, you are required by law to register it for VAT with HM Revenue and Customs. After registration, you will receive a VAT registration certificate.

Do I Have to Register For VAT As a Self-Employed Person?

Yes, every business, including independent businesses, must register for VAT upon reaching a certain income limit. Remember that in the UK the threshold is £85,000 per year and once you exceed that threshold you must register for VAT within 30 days of the end of the month.

How to Get Your VAT Certificate Online

Don't worry if you can't find your VAT certificate/receipt. Whether you've misplaced your original VAT statement or just want to verify that the information you have is correct, you can easily access your VAT statement online and save or print a copy by using the following steps.

1. Log in to Government's Website

You will need the username and password you created when you set up your Government Gateway account to log into your accountant.

2. Select "View your VAT account"

You'll see it on the first page of Government Gateway after you log in.

3. Select ‘View VAT certificate’

Your VAT details will then be displayed and you can select "Print receipt" to print a copy or download it as a PDF file.

Still Don't Have a VAT Certificate?

You must register if your annual VAT turnover is more than £85,000.

Most businesses can register for VAT online. You must have a Government Gateway account to get started. Visit the HMRC website for the full guide on VAT registration for your business.

Do I Need To Display My VAT Certification?

Although it is not necessary to display a copy of the VAT receipt at your place of business. You must ensure that the VAT number is clearly stated on any invoice or receipt issued to customers. There are also certain requirements on how VAT invoices should be issued, set by HMRC, and your business must take these into account.

How Long Does It Take to Obtain a VAT Certificate?

After registering for VAT, online or using the paper VAT1 form, you can expect to receive your VAT certificate within a month of submitting your application. However, the vast majority of companies do not have to wait that long: 70% of requests are sent in just 10 business days.

As you can see, getting your VAT return online is easy, but sometimes it can be very complicated if you don't understand taxes. We can help you meet your legal obligations, comply with digital tax preparation requirements, scale your business, and much more.

We provide you with an online accounting system that allows you and us to have easy access to updated data at all times. We can transfer your current data from any accounting system (including Excel) and provide accounting advice and applications to all our clients as standard. If you want to take the next step, our team is here to help, contact us today.

31 views0 comments