VAT SERVICES

VAT can be difficult to understand and the regulations surrounding it are constantly changing. There are many rules and exceptions to navigate. With our help, you can be sure that your VAT obligations are met, without costing you the earth.

1  \ Who Needs To Pay VAT?

Value Added Tax (VAT) is the tax you must pay when you buy goods or services.

If you are a business with a taxable turnover over £85,000, you must register to pay and charge VAT on the products and services you buy and sell.

 

2 \ What is MTD?

Making Tax Digital (MTD) is an initiative from HMRC that requires all VAT registered businesses to keep digital tax records and submit VAT returns through MTD compatible software.

 

3 \ Why do I need a VAT accountant?

Our qualified and experienced team will prepare quarterly VAT returns on your behalf. We will submit it online; all you need to do is pay any amount due to HMRC.

With a dedicated client manager, we will guide you through the registration process along with providing expert advice on which VAT scheme would be most suitable for your business, that would allow you to be as tax-efficient as possible.