As per the taxation laws implemented by the HMRC in the UK, every registered business is required to be registered for VAT and must file returns if it has an annual turnover equal to or above the set threshold. Currently, that threshold is at £85000. The Vat registration process is a little tricky, and without the assistance of an accountant in London for VAT registration, it could be difficult as well as it requires the maintenance of the financial record is a tough thing. To understand why you need to have the support of professional accountants VAT registration and returns.
Link To The Article:https://weaccountaxblog.blogspot.com/2020/08/why-i-need-professional-accountant-in.html