Why bank income can differ from VAT turnover
A bank spreadsheet is useful for a quick check, but it is not a perfect VAT record. Some money in your bank account may not count towards VAT registration, and some relevant income may be missing from one export.
Bank income can look too high
Transfers from savings, loans, refunds, personal payments, and some exempt or out-of-scope income can appear as incoming money in a bank export. If you count all of those as business income, the estimate may overstate your VAT position.
Bank income can look too low
One bank export can miss income paid into another account, cash records, platform balances, or invoices recorded elsewhere. If you only upload one account, the result only reflects that file.
Review what was counted
The feltPro VAT checker lets you inspect included incoming rows and exclude transfers, refunds, loans, personal payments, or exempt income. That makes the estimate more useful before you decide whether to seek advice.
Open the VAT checkerWhat to do with the result
Use the estimate to decide whether further review is needed. For registration decisions, check GOV.UK VAT registration guidance or speak to a qualified adviser who can review taxable turnover properly.