I am seeing a potential client today who wishes to engage a bookkeeper (he has an accountant for the Final Accounts side). He has one business as a sole trader and the other as a partnership. He has told me the combined turnover is over the VAT threshold. My question is, should he be VAT registered or does the fact that one is a partnership override the norm of “total turnover“.
I‘ve tried to find an answer on HMRC website but, as yet, have found nothing.