I have a client who is a new business (i.e. not a TOGC) and they have voluntarily registered for VAT w.e.f. 1st May 2019.
My question is when should my client sign up to MTD?
My understanding was, wait until rolling 12 month turnover reached the VAT threshold and transfer from Gov Gateway to MTD.
I spoke to the VAT Helpine and they have told me otherwise, to paraphrase ...
If on the VAT registration form you estimated your taxable turnover to be over £85,000, even if it actually turns out to be lower in hindsight, your client must file VAT returns under MTD. If however, after 12 months their turnover is under £85,000 pa, they can request to opt out of MTD.
On the VAT registration the client has estimated their VAT turnover to be say, £100,000.
The advisor's reasoning was that the VAT registration form is a document which has force of law.
What do my learned fellow advisors think, please?