VAT exposures can grow quickly without a cohesive strategy. If you are a VAT-registered business, you need to submit a VAT return to HMRC on either a monthly, quarterly or annual basis.

We help your business with VAT computations and filings. VAT can be easily overlooked, but as a transaction-based tax, it impacts everything a business does. Therefore, it demands the requisite time and effort to manage, and that is where we can help.

If your annual turnover exceeds the current VAT threshold then you will need to register with HMRC for VAT and complete and submit VAT returns to HMRC, usually due every 3 months.

If your VAT Returns are relatively simplistic or you are using a bookkeeping software package then it may make sense for you to complete them yourself or submit electronically. However, VAT computation and return can be a complicated concern and it can be worth outsourcing the completion of your VAT returns to professionals. This not only ensures compliance with regulations but also means you can feel reassured it’s done both quickly and correctly managing a significant element of turnover.

We will provide you with assistance with compliance and can prepare and submit your VAT returns along with other VAT claims on your behalf.

In addition to compliance matters, our specialists can help you defend against HMRC challenges and find favourable outcomes with HMRC, including waiving penalties and managing VAT inspections.

We also support client with a variety of MTD compliant software you need to comply with the new HMRC legislation.