I am currently thinking about registering for VAT voluntary that is...

Pros: I would get at the very least a grand back on my recent purchases.
I would get vat back on most future purchases.
My rent for office would be 40 quid cheaper per month.
internet and phone etc would make a small saving.

But the main reason is that I have some business clients whom rent P.A. from me and they would obv make a saving and I would look more pro shall we say.

Cons: Well Paperwork every 3 months.
Have to charge VAT to everyone else.

There is probably more and I have been advised from a few friends who have businesses that say the tax man takes a keen interest in everything you do when your reg for VAT and I shouldn't go near it.

Any thoughts? Anyone reg for VAT?