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VAT registration

Hi. 

I have applied for mortgage as a self-employed, offer issued.

I need to register for VAT, does it affect application?

No changes in circumstances, just reached treshold and I need to register.

TIA

Comments

  • MWT
    MWT Posts: 10,792 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    As long as the effective date of the VAT registration does not mean you have to restate any of the financial information you have provided in support of your mortgage application, there should be no impact that I am aware of... 
  • MWT said:
    As long as the effective date of the VAT registration does not mean you have to restate any of the financial information you have provided in support of your mortgage application, there should be no impact that I am aware of... 
    Nothing changed. Just my profits soared aboved VAT treshold.
  • MWT
    MWT Posts: 10,792 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    MWT said:
    As long as the effective date of the VAT registration does not mean you have to restate any of the financial information you have provided in support of your mortgage application, there should be no impact that I am aware of... 
    Nothing changed. Just my profits soared aboved VAT treshold.

    Hopefully you mean your turnover soared over the VAT threshold, as there is no threshold on profits...
  • MWT said:
    MWT said:
    As long as the effective date of the VAT registration does not mean you have to restate any of the financial information you have provided in support of your mortgage application, there should be no impact that I am aware of... 
    Nothing changed. Just my profits soared aboved VAT treshold.

    Hopefully you mean your turnover soared over the VAT threshold, as there is no threshold on profits...
    Yes turnover. Mention profit just in general
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