VAT returns

VAT can become complicated quickly, particularly when a business grows, sells different types of products or services, or trades across borders.

We help you understand when VAT applies, keep the records in order and prepare the returns that need to go to HMRC.

You normally need to register when taxable turnover for the previous 12 months exceeds £90,000, or when you expect taxable turnover to exceed £90,000 in the next 30 days. Voluntary registration can also be appropriate in some circumstances.

VAT-registered businesses are generally required to keep specified VAT records digitally and submit VAT returns using compatible software under Making Tax Digital for VAT.

We can work with your accounting records or suitable bridging software where appropriate and help keep the VAT process joined up with your bookkeeping.

Before a return is filed, we prepare the figures, identify queries and give you the opportunity to review the position.

If your business has unusual VAT treatment, cross-border transactions or a more complex issue, we can agree the additional work needed.

Our VAT service can include

• VAT registration and deregistration
• VAT return preparation and submission
• VAT reconciliations
• Advice on VAT rates and schemes where needed
• Making Tax Digital compatible records and filing
• Cross-border and EU VAT advice where separately agreed