VAT Registration 'Rolling Year' Query

[Dangerous_Dave]

I'm trying to work out if I'm required to register for VAT for my sole trader online business. My turnover may have breached the VAT limit for a couple of weeks during March if it is calculated on a daily basis for the last 365 days. However, if you calculate only at the end of each month, for the last 12 months, then I have remained beneath the limit.

I found the following guidance on the government website:

"If you make taxable supplies in the UK, you’re liable to register if:

• at the end of any month, the value of your taxable supplies in the previous 12 months or less is over the registration threshold

• at any time, you expect the value of your taxable supplies in the next 30 day period alone, to go over the registration threshold

If you make distance sales into the UK, you’re liable to register if, at any time during the calendar year from 1 January, your total goes over the distance sales threshold. If you make distance sales in the UK of excise goods, such as tobacco or alcohol, you must register for VAT whatever their value."

Can anyone confirm, from their knowledge or their reading of the above, that I am in fact in the clear here, as the breaching of the VAT limit is only calculated at the end of each month? Any advice is appreciated as I've been fretting a lot about this.

 

[Scalloway]

As far as I am aware it is your monthly total that matters.

 

[Dangerous_Dave]

Thanks for reply. That makes sense to me.

 

[lesvatadvice]

Correct. It is calendar months.
(There is a different rule for users of the FRS.)