Can vat registration be avoided by splitting the business?
Artificial separation of a business for VAT purposes is called “Disaggregation”
Business as legal entity has to register for VAT (Value Added Tax, an indirect tax) if certain turnover go pass certain threshold.
An Individual or organisation that is in business is known as a 'taxable person' for VAT purposes and can be any of the followings
- Followings are Related Articles