Vat registered companies.... how do you stay competitive

[nath]

I can't see how any legitimate company with an actual interest in growing could possibly consider not being vat registered.

The thing that put me off more than anything was the extra paperwork involved, but a good accounting software takes care of it all for you.

[AA Teccie (Paul)]

...and don't forget that once you're VAT registered getting, and maintaining, ARB Approval will cost you 20% less AND, as mentioned, some commercial clients, another benefit of being approved, seek contractors who are VAT registered so they can off-set their VAT costs..."win-win" situation    

 

However, I do acknowledge a level playing field across the board with all businesses paying VAT would seem a fairer system...as indeed it would if all businesses were 'ARB Approved' (aspirational I know but "hey-ho")

 

Cheers,

Paul