Many small businesses do not register for VAT (Value added Tax) as it is not necessary. However, it is important to understand that VAT is something that needs attention. Especially, in case you are sure that taxable supplies turnover of business would hit the existing threshold. Understand that the process would be a nightmare in case you do not take the help of a VAT specialist. Being a small business owner, you could enjoy numerous benefits with the VAT registration that makes the entire process worth considering Business Would Get VAT Refunds In case you are buying lots of goods for your business, you would wish to claim the VAT back by end of each fiscal year. In case the business is registered for VAT with FTA (Federal Tax Authority), you would be able to do that. Nothing could be better than FTA providing refunds to the money. It is worth noting that the businesses that undergo voluntary VAT registration are allowed to get VAT refunds from the past six months. In case you are