Updated on June 28, 2022
VAT numbers are assigned to each business that is registered to pay VAT.
Take a look at the requirements for VAT invoices and when they must be issued.
For tax purposes, only enterprises that have registered for VAT will receive VAT numbers. Consequently, VAT numbers are also known as VAT registration numbers (VRNs) in the industry.
You can have multiple VAT numbers, and none of them will conflict with your Unique Taxpayer Reference or your Company Registration Number.
Why do I need a VAT registration number (VRN)?
In order to identify VAT-registered firms, a VRN serves as a reference number. As a result, a VAT number may be required in a wide range of tax-related scenarios.
VAT Returns and VAT numbers
A VAT-registered business is required to declare its sales tax on a regular basis, either manually through HMRC’s website or using approved Making Tax Digital software.
This information is needed to verify the periods for which you must report VAT and if you have met your reporting requirements to HMRC when filing your tax return.
How to get a VAT number
A VAT number is provided to you once you have registered for VAT. A VAT registration certificate will be delivered to you once the registration process is complete, confirming your VAT number, the date of your first VAT return, and your ‘effective date of registration’ (which is either the date your VAT taxable turnover crossed the VAT threshold or the date you requested to register voluntarily).
How to check a VAT number
Improper usage of a Vat number can lead to problems with your VAT returns in the future.
You should always verify the validity and accuracy of your VAT number before making any sales to a customer who has provided you with a valid VAT number, issuing an invoice with your VAT number, or otherwise providing your VAT number to a supplier.
Obtaining a UK company’s VAT number is the quickest and most precise way to do it.
VAT number format
VAT numbers can take a variety of formats, lengths, and structures, depending on the nation in question. In the European Union, VAT registration numbers always begin with two letters that identify the country, followed by a sequence of numbers.
‘GB’ is followed by nine numbers in VAT numbers in England, Scotland, and Wales. ‘GB123456789’ is an example of a VRN that adheres to the UK VAT number format.
A “XI” instead of a “GB” suffix will be used if your business is located in Northern Ireland and you are trading with the European Union. XI123456789, for instance.