Re: Action required: Add your taxpayer ID Quote:
Originally Posted by eusebio Mail was sent at the end od the 2023., and yes, I was arround 60K. Still not suspended, but I guess I will.. | It's got nothing to do with the end of calendar year date, I suspect that's simply coincidence.
Unless you're a limited Company who happens to have their accounting period set as the 1st January, then nobody has a calendar year tax period, it's 5th April for most anyone else.
In any event, there's no such thing as 'a year' with VAT, it's done on a continual rolling basis, so it's easy to imagine a scenario where a seller, particularly a new one, only sells 70K per financial year but crosses the 85K rolling snapshot triggering registration or some software predicts that in any given 12 month period you are likely to do so. Okay, it can be managed with HMRC but sales platforms aren't privy to that conversation.
Given HMRC have said they'll hold sales platforms liable for unpaid VAT you can sort of see why they're taking a cautious approach, rightly or wrongly.
Have you investigated the possibility of registering and then de-registering if they're going to enforce this?
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