As your business grows from an idea to a successful enterprise you may need to make the transition to being VAT registered.
Let us assist you in making that change. Our services start with providing basic advice, all the way through to offering full VAT management.
VAT Returns are presented to HMRC every accounting period, which is every three months. VAT Returns are a calculation of sales and purchase taxes which indicate the amount of VAT that can be reclaimed or paid. You will need your VAT returns in order to be able to claim a VAT refund from HMRC.
If your company Is VAT registered, it is required by law that VAT returns are given to HMRC regardless of whether there is any VAT to pay or not. There are strict penalties that arise from failure to complete VAT Returns or from errors in the submission. With our expertise, you can stay ahead of the game.