VAT can be the bane of everyone affected by it. A complex regime of regulations imposes a tremendous administrative burden on businesses, and for some, this could be made more challenging with the arrival of Making Tax Digital.
With the rate being so high, mistakes in calculating VAT can be costly - and the rigid system of penalties and interest charges for mistakes and the late submission of returns adds to that burden.
Our cost-effective VAT compliance and planning services can relieve you of this burden.
Our team of VAT professionals will help to keep your VAT affairs in order, make sure you are collecting the right amounts for each transaction, and ensure that you make payments and file returns correctly and on time.
In addition to providing a comprehensive bookkeeping and VAT accounting service, we can also advise on and help with:
- MTD for VAT
- The pros and cons of voluntary registration
- The timing of compulsory registration
- Extracting maximum benefit from the rules on de-registration
- Partial exemption
- Timing and delaying VAT payments
- Flat rate VAT schemes
- VAT on imports and exports
- VAT control visits by Customs and Excise
Contact Us today for a VAT health check and to see how we can relieve you of the burden.