Our VAT specialists will advise you on the most appropriate and cost efficient VAT scheme for your business, as well as advising on the VAT implications of specific transactions. We are able to deal with the more demanding aspects of VAT, such as partial exemption and foreign transactions, taking the headache out of compliance for you and ensuring accurate returns.
Consolidating your bookkeeping and VAT services with us will ensure that we can prepare and submit your VAT Returns in a timely fashion. We can also prepare and submit returns from your bookkeeping records if you prefer. We will advise you of the payment required to HMRC, or obtain repayment when due.
If you are unfortunate enough to be selected for closer scrutiny of your VAT returns, we are able to liaise with HMRC on your behalf and reduce the worry of any formal enquiry.
If you are not yet registered but reach the threshold, or if it would be advantageous for your business to register voluntarily then we can assist with completing the registration process. Likewise, if your business is no longer required to be registered then we can advise on whether remaining registered would be advantageous, for example if you regularly receive refunds of VAT, or whether deregistration would be the correct option, in which case we can assist with that process.