My business has finally grown to the stage where I will have to register for VAT in the new tax year. It is not a bad thing, as our main business is manufacturing and I will probably be better off being VAT registered. Also, I decline most exports because I am not VAT registered and can therefore not get an export licence. I do import a little bit and it will just make life easier in many respects.
Are there any specifics I need to be aware of? I have just installed Pastel Xpress Startup so I will be able to do better record-keeping. What else?