Depending on the type of business you run and how much you spend, that can make voluntary VAT registration worth considering well before HMRC forces you to do it. The important word there is considering. Registering voluntarily isn't automatically a good idea. So let's look at what you can actually claim, what you may be able to reclaim from before registration, and when registering early can make financial sense.

Imagine running a business where you rarely have to wait 30, 60 or even 90 days to be paid. You complete the work. You raise the invoice. And rather than waiting for your customer to eventually settle it, most of that money becomes available almost immediately. There is a cost attached, of course.

You can run a perfectly profitable business and still find yourself short of cash. In fact, a growing business can sometimes feel more cash-hungry than one that isn’t growing at all.

In this guide, we'll walk you through everything you need to know about director verification and show you why the Post Office route could be the perfect solution for your business.