VAT Returns

VAT Returns

Once your business is VAT registered, you must submit a VAT return to HMRC every quarter. Get it wrong or miss the deadline and you face a fine. We take the whole thing off your hands, work out what you owe (or what HMRC owes you), and submit it on time every time.

VAT is one of those things that catches businesses out

The rules around VAT are more complicated than most people expect. Some goods and services are charged at the standard rate of 20%, some at a reduced rate, and some are exempt altogether. Claiming VAT back on purchases adds another layer. And if your business grows quickly, you can find yourself crossing the VAT threshold without realising it, which creates its own problems.

We handle your VAT returns from start to finish. We review your sales and purchase each quarter, make sure everything is in the right category, check that you are reclaiming everything you are entitled to, and submit your return to HMRC through Making Tax Digital compliant software. If anything looks unusual, we will flag it before it becomes an issue.

If you are not yet VAT registered but think you might be approaching the threshold, or if you want to register voluntarily, we can advise on the best time to do it and which VAT scheme suits your business best.

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