Vat Returns Online
We understand that VAT often seems like a burden; the assertion of being an “unpaid tax collector” is frequently heard. Although the government has tried to ease the burden on small businesses, calculating it correctly and filing VAT returns on time still takes a long time.
VAT is one of the most complex areas with so many rules and exceptions. We can help you navigate the maze to ensure you don’t overpay or underpay.
As specialist accountants for small businesses, entrepreneurs and the self-employed, we can provide you with comprehensive VAT assistance to ensure you stay up to date with all ever-changing VAT laws and regulations. .
Our team will advise you on the best VAT regime for your business and will also carry out the registration process.
We work with clients to help them prepare and file their VAT returns, and this can be in conjunction with the accounting department.
We can also help you choose the right VAT regime for your small business – this decision alone could dramatically improve your cash flow and potentially save hundreds of pounds on the amount actually paid to HMRC.
vat return submission
What is the procedure for completing your VAT declarations?
Who do we provide online accountancy services to?
We provide nationally online accountancy services for a fixed, low monthly fee.
Making Tax Digital Vat
If your small business turnover exceeds the VAT threshold, you may need to register for VAT. If so, you will need to complete and submit a VAT return to HMRC, usually quarterly.
VAT refundHowever, even if you are not obliged to register, it can sometimes be advantageous to register voluntarily. Deciding whether or not to register can be confusing, but don’t worry, help is at hand. We can discuss this with you and ensure that you get the best possible advice based on your situation.
VAT reporting can be relatively simple or very complex depending on your small business. Also, IVA offers several programs that you can take advantage of. Therefore, we recommend that you outsource your VAT returns and seek professional VAT advice.
Benefits of using online Accounting for VAT reporting for your sole traders, limited partnerships or small businesses.