VAT

VAT

Making tax easy

VAT is one of the most complicated parts of the UK tax system for businesses to understand and follow. The VAT returns that HMRC asks for can feel like a massive burden and if you make one mistake, the financial repercussions could be huge.

As VAT experts, we can help you stay on track with your VAT obligations so you can get back to the parts of the business that really need your attention. From getting your returns done and filed digitally every quarter or month, to get your business on the right VAT accounting scheme with HMRC.

Businesses with a turnover of £85,000 or more must register for UK VAT and then charge the tax on the products or services they sell. They then pay the money back to HMRC in their VAT return, essentially acting as a tax collector for the Treasury.

Unfortunately, it’s not uncommon for HMRC to come knocking and ask about a particular VAT return. When this happens, it’s usually the result of poor accounting practices or filing. Prevent that from happening in the first place with us, but if there are problems with HMRC, we’ll have your back.