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I couldn't really answer that for you, it's definitely hassle free being on the fixed rate but on a turnover of 100k for example i think you'll get about 200 quid back (except on capital over 2k obviously). I was on the fixed rate for 3 years then switched over to standard, it was painless for me because my accountants do my payroll and VAT as part of their service. If all of your clients are VAT registered (i.e not the general public) and filing the returns isn't a problem then I don't see a down side to being VAT registered even if you're below the threshold but I'm not an authority and happily pay an accountant to sort all that shit out for me.
Gewürzt
So is it worth joining for the 1st year to get the relief on the initial £2k outlay and then leaving in year 2?