I have a client who has gone over the VAT threshold. They went over in March 2017. Unfortunatly I have only recently received their books and spotted the problem. My first question is what is the best thing to do? Contact HMRC and tell them when the client should have registered? because I think this could be a peak in turnover as the client had an espescally large job during one month. Provided their turnover is below the 83K for the following 12 months could they get away with not registering?
My fear is they will have to backdate their registeration to April and end up with a huge bill or get into trouble.
Ive edited the question to explan my point a bit clearer. :)