Because of a single larger than usual job my client did for his recurring client he went over the VAT threshold on a 12 month rolling basis 17 months ago. Sounds like it could be very bad news.
On a 12 month rolling basis, he continued to be over the VAT threshold for several months thereafter. However, if we calculate his turnover for the 12 months following his breach of the VAT threshold he is under the deregistration threshold. If addressed at the time I think he might have been granted an exception. Would you agree?
Does the fact that it wasn't addressed 17 months ago scupper any prospect of an exception?
Thank you kindly.