Hi, I have a sole trader company offering consultancy work. For the past 12 months (Feb 2024- Jan 2025) I have charged £90,000, I am on a flat fee of £7,500 per month. 1. Do I need to register for VAT ? As my income has been equal to 90K but not exceeding 90K 2. I have sublet my studio for about £400 on airbnb (It was one shot, I haven't planned to do it again). Do I need to include this in my total income? If yes, does it mean I would need to register for VAT as my income is now exceeding 90K Thanks