VAT Returns

VAT can be a tricky area to understand and navigate with penalties and surcharges imposed by HMRC when things go wrong. We will take away the stress of getting VAT right. By managing the entire process on your behalf, you can relax in the knowledge that you’re compliant and that you’re paying all the VAT that you should – accurately and on-time. We’ll also ensure that you’re fully compliant with Making Tax Digital (MTD). 

From day one, we’ll help you decide whether you need to register for VAT and, if so, that you register with the right scheme for your scale and type of business. We’ll monitor your sales throughout the year, checking whether your sales reach the level when VAT registration becomes compulsory. There are several types of VAT schemes available and we will ongoingly review your business to ensure you are in the most beneficial VAT scheme.

Once your turnover passes the VAT threshold you must register for VAT no matter if you have a Limited company or you are a sole trader. Occasionally there are reasons to register voluntarily,  and we can discuss this with you and ensure you are with the correct scheme and rate.

If you complete your own bookkeeping, we can prepare and file the VAT return but if you are struggling to keep on top of your bookkeeping, and always completing your VAT returns at the last minute, we can assist with the entire bookkeeping and VAT return process, and look to minimise your VAT liability.

Contact us to find out more about our VAT services. A Schedule of our Services and Fees is available upon request.