VAT Returns
With VAT affecting almost every business transaction, this complex system of regulations puts a tremendous administrative burden on businesses, and mistakes and late filing penalties can be very costly.
In principle, the basic concept of VAT should be simple; yet in practice, the legislation and regulations governing VAT are ever-changing, making it a complex area, and some industry sectors have unique regulations.
Our cost-effective VAT compliance and planning services can relieve you of this burden. We have the expertise and experience to provide the technical skills required to keep your VAT affairs in order. We can prepare your VAT returns directly from your sales and purchase invoices, or if you keep your own ‘books’ then we can review them and submit your return on your behalf, thus ensuring the accuracy of your return and that overpayments are not made.
We can advise on registration, including the pros and cons of voluntary registration and the different VAT schemes available to you. Some schemes can offer considerable savings to you as a business.
As with all our services, we can deal with HMRC directly on your behalf and represent you in any HMRC enquiry.