Value Added Tax
Value Added Tax
Computing VAT return figures can be complex and daunting which will lead to confusion when submitting the VAT returns to HMRC. We will help you to solve this problem and compute correct figures with a detailed breakdown of each and every transaction. We will calculate Output VAT, Input VAT and provide reports of liabilities or refunds you may have. We will even submit VAT return on your behalf to HMRC right before time so you don't miss a deadline. Not all businesses are required to get register for VAT as per HMRC threshold limit. We will help you get register for VAT with HMRC if you cross registration threshold. Our VAT is filed using HMRC-recoginsed software and therefore Making Tax Digital(MTD) compliant.
Our VAT service includes:
- Computing output VAT
- Computing input VAT
- VAT liabilities/refunds
- Submitting VAT returns
- Assistance with registration/ de-registration
- Advice on accounting scheme selection
- Other VAT queries
- Liaising with HMRC on VAT inspection
- MTD filing as per HMRC guidelines.