a) If you exceeded the VAT threshold and failed to register, you will be liable any VAT due and may incur interest and penalties for late payment.
I have exceeded the VAT threshold. Am I liable for the VAT?
Share This Story, Choose Your Platform!
About the Author: Cathal Maxwell
Cathal brings over 40 years of tax experience, advising individuals and businesses on Income Tax, Capital Taxes, Inheritance Tax, Stamp Duty, and VAT.
