Looking for a second opinion (I already have my opinion but would like other views).
Situation is that a pub had a tenant who ceased trading.
The brewery then put a manager into the pub to run it whilst they tried to sell the business.
Nobody bought the business but our client has agreed to take on a new tenancy at the pub.
There was no sale of assets apart from the initial stock that was on the premises when our client moved in. Our client commenced trading immediately after the brewery managers moved out.
Is our client required to be registered for VAT from day one?
Thanks in advance.