VAT

Charging the right amount

Business taxes can feel like a minefield at the best of times, and VAT is no exception. With rate changes and bill increases, it’s understandable why it can be challenging to keep track of what you owe HMRC.

Well, we’re here to take the pain out of VAT. Our advisers will help you track your VAT scheme charges and prepare and file your returns each year. Because there are multiple VAT rates depending on the goods or services you provide, it’s important to understand how much to charge. Otherwise, you could end up owing HMRC more than you thought.

Starting with the bare bones, we’ll help you get registered for VAT, which is dependent on your turnover, although you can sign up voluntarily.

From there, we’ll ensure all of your returns are done via Making Tax Digital (MTD)-compatible software, so you’re compliant with the latest regulations at all times. If you decide that you no longer need to be part of your VAT scheme, we can also help you deregister.

Should you ever need it, we can also represent you during any HMRC enquiries about your VAT returns.