VAT

We’ll make sure you never miss a return.

VAT returns come in a variety of shapes and sizes.

Whether you’re standard-rate, flat-rate or dealing with international sales tax, we’ll make sure that your VAT is calculated, prepared and submitted correctly and on time.

Monthly, Quarterly or Annually – we can handle it for you.

  • VAT Return Submissions
  • Bookkeeping for VAT
  • Understanding VAT options in your software

Generally speaking, if your annual turnover is more than £85,000. But there are exceptions so check if you’re concerned.

VAT rules for overseas trade can get tricky. If you are VAT registered and you have overseas clients and suppliers, then get some advice to make sure you’re doing it right.

No, they’re quite different. And it’s important they’re accounted for correctly on your VAT Return. Get in touch if you’d like some advice.

If you’re using Sage, there will be one set of codes for adding VAT to a transaction. And for Xero, another. It goes on. It’s very important that you choose the right code for the transaction. We can help with that.

Have a look further down and we’ll explain it for you.

Making Tax Digital

What is it?

Making Tax Digital (aka ‘MTD’ for short) means that VAT returns now have to be submitted via your accounting software, like Xero.

It’s actually just the start of a bigger initiative which HMRC are rolling out, and by 2021 it will involve Corporation Tax and Payroll as well.

There are certain things you’ll need to do. We can help.

Find out more by looking at the HMRC Guidelines

Pricing

We offer bespoke, specialised services for each of our clients.

Every business is different – therefore the scope of services depends on what you need.

Our pricing is done on a fixed hourly or daily rate to suit you.

Contact us if you would like to talk more about your requirements and get a tailored quotation.