Potential client , sole trader, is up to 15% surcharge level. Propose to change business entity to limited company. Company will be required to register for VAT straight away. If it takes over the VAT registration number, presumably the surcharges will continue at the same level. What is the situation if the company gets a new VAT registration number?
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Surcharges
The Surcharges apply to the VAT registered entity, so if a new entity you start all over again assuming you don't TOGC and take the VAT number.