VATWorking to save on VAt
You are required by HMRC to register when the value of your taxable supplies exceeds a specified limit; it may be beneficial for you to register even if you are below this limit.
Do these challenges sound familiar?
Input and Output VAT
You are required to maintain records of both input and output VAT:
- We advise you on the accounting requirements
- We offer you practical assistance in complying with HMRC requirements
- We help you set up or amend your record systems to account for VAT in an effective and efficient way
You are required to complete periodic VAT returns and make payments to HMRC:
We advise you on the processes and offer to act as your agents to ensure that your returns are filed on time.
You need to use the correct VAT rates:
We advise on the correct rates for you to use.