If you are a new startup, we can help you decide whether you need to be VAT registered from the outset or not. We can also continue to monitor your business situation, so that should it become obligatory for you to register for VAT, we can take action swiftly, managing the submissions accordingly. We can also monitor your position for when we think you are able to, and would benefit from, deregistering.

Whether a new or existing business, we will also look at the VAT schemes you are eligible for and establish which schemes are suitable for your business. Some VAT schemes can lead to tax savings and a reduction in bookkeeping responsibilities.

We can prepare your VAT return; either from your own bookkeeping records or we can manage your record keeping and the VAT return. We endeavour to claim as much VAT as possible for our clients, 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 not common nowadays 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 all lead to penalties and possible interest being charged so it is important that the entire process is managed with care and concern. We offer peace of mind and ensure each client avoids wasting hard-earned cash on penalties and interest. We can calculate how much VAT you owe HMRC (or how much they owe you) by reviewing: