VAT Returns

VAT Returns

Deciding whether to register for VAT is key, particularly for business startups. You can register voluntarily, or if your turnover is over £85,000, you must register.

Compliance with VAT is complex. Investigations by the VAT Man can be intense – all the more important that your VAT returns are completed correctly.

There are three methods we can use to assist in the completion of VAT returns.

  • Let us do your bookkeeping, and we complete the return from there.
  • Give us your books, and we’ll complete the return for you.
  • Provide training on how to complete your return.

We complete VAT returns in good time to ensure you avoid any penalties.

We can prepare your VAT return, either from your bookkeeping records, or we can take care of your record-keeping and the VAT return. And we will try to ensure that you claim as much VAT as possible, particularly on contentious items such as mixed-use expenditure and motor running costs.

As with other areas of tax, we can act as your Agent for VAT purposes and therefore correspond with HM Revenue & Customs (HMRC) on your behalf. Paper VAT returns are scarce now, but our software allows us to file your VAT returns online with HMRC.

Late VAT registration, errors, late VAT returns, and late VAT payments can lead to penalties and possibly charged interest. So allowing us to take care of your VAT affairs not only gives you peace of mind but should also avoid wasting your hard-earned cash on penalties and interest.

Array
(
    [post_type] => finbuzz_portfolio
    [post__not_in] => Array
        (
            [0] => 8294
        )

    [posts_per_page] => 5
    [no_found_rows] => 1
    [post_status] => publish
    [ignore_sticky_posts] => 1
    [update_post_term_cache] => 
    [orderby] => 
    [order] => 
    [tax_query] => Array
        (
            [0] => Array
                (
                    [taxonomy] => finbuzz_portfolio_category
                    [field] => ID
                    [terms] => Array
                        (
                            [0] => 69
                        )

                )

        )

)