Hi everyIone! Could you please explain this question for me.

When looking at the VAT threshold you don't look at the accounting year end. You look at a rolling 12 months to see if it has passed the threshold.

Apr 16 - Mar 17
£77,000
May 16 - Apr 17
£78,000
June 16 - May 17
£78,000
July 16 - June 17
£79,000
Aug 16 - July 17
£88,000 <- Passes the VAT threshold

Hope this helps