VAT

Business owners are often wary of preparing their own VAT returns, as the penalties for late or incorrect returns can be severe.

So why not let us prepare them for you?

All VAT returns and payments must now be made to HMRC electronically. As we are registered with HMRC as an agent for VAT, we are able to submit your returns electroncially using our HMRC agent details.

If you write up your records or we prepare them on your behalf, we can prepare your returns and make the submission to HMRC.

We have extensive knowledge of VAT, so if you have any questions, please get in touch.

Should you be registered for VAT?

It can be easy to exceed the VAT registration limit without realising it. Many businesses find that they have exceeded the VAT limit by over a year before they notice. This can cause a large VAT liability and attract a stringent penalty for late registration.

If you are concerned that you may have exceeded the VAT limit, give us a call.

VAT Accounting Schemes

Would your business beneifit from using one of the HMRC VAT schemes?

• Flat Rate Scheme

• Annual Accounting Scheme

• Cash Accounting Scheme

• Schemes for retailers

• Margin schemes for second hand goods