Wrath advice please???

If a company are not VAT registered because there turnover is not over ?79k, but the sell a product or service which VAT is charged on, do they need to charge VAT and then pay this to HMRC?

In this case, would they only register for VAT to reclaim VAT on their own expenses?

Ta.

Posted By: Jacksons_Twelfth, Oct 10, 21:40:11