I was vat registered for 10 years and deregistered about two years ago, i got fed up having to pay £3,000 every three months to customs and excise, i was very good at putting vat money every month into a building society account, because if you don't and you cant pay your vat customs and excise wont be messed around with money owed. So unless you are supplying loads and loads of materials its really not worth it, all you will be doing is being a unpaid tax collector plus the added cost of accountant doing your vat every three months....And don't think you can register for vat and buy a new van and claim vat back and then de register....It wont work.
