Value Added Tax ('VAT') is one of the most familiar taxes that you see on a daily basis. Whether you are adding it to your sales invoice or paying it on your business purchases.
If your business turnover exceeds the limits set by HM Revenue & Customs then you must register for VAT. You can also voluntarily register for VAT at any time which may be advantageous for your business.
We can help guide you through registration, prepare VAT returns and provide advice on more complex VAT issues.
We can also identify the schemes available to you to help ease the complexity of the UK VAT regime. These can include the flat rate scheme, the annual accounting scheme and the cash accounting scheme.
Contact Us today to discuss how we can help in relation to your VAT position.