Which of the following statements is true regarding VAT registration and informing HMRC?

The statement that registration is from the day you make them aware is correct because, in the context of VAT registration, the date at which HMRC considers a business registered for VAT is indeed the date they receive the application or notification of VAT registration. This means that as soon as a business submits its registration application, it is registered for VAT from that date, irrespective of any processing time that may be involved thereafter.

This highlights the importance of timely communication with HMRC, as businesses are responsible for registering as soon as they surpass the VAT threshold or if they choose to voluntarily register. Any delay in informing HMRC could lead to penalties and backdated VAT obligations.

The other statements do not accurately reflect the VAT registration process. Immediate registration upon informing HMRC is misleading as it overlooks the necessary steps in processing the registration. A delay of 60 days is not standard procedure in VAT registration. Lastly, informing HMRC only during audits does not capture the requirement for businesses to notify HMRC promptly regarding their VAT registration status.