VAT

VAT

When do you need to register for VAT?
If you are in business, you must register for VAT if your turnover for the previous 12 months is above £68,000 (this threshold changes regularly). You must also register for VAT if you:

  • think your turnover may go over the threshold in the next 30 days
  • take over a VAT registered business as a going concern
  • are selling goods into the UK from another country in the EU and exceed the 'distance selling threshold'
  • acquire goods from other countries in the EU totaling more than £68,000 in a year

You should notify us in good time to enable a VAT registration form to be submitted within one month following the month in which you exceed the VAT registration threshold.

We will assist you with the VAT registration process.


VAT Returns

  • We will prepare or review your quarterly VAT returns based on the information and explanations supplied by you
  • We will electronically file your VAT return after your approval


VAT Advice

  • Reviewing and recommending a suitable partial exemption method
  • Making recommendations to you about the use of cash accounting, annual accounting, flat rate and other special methods of accounting for VAT
  • Providing you with advice on VAT as and when requested

Contact us now to discuss your requirements; call us on 02380760319 or fill out our contact form and we will call you back.

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For more details on services tailored to your type of business, select your type of business above

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To discuss your particular
needs, call us at 02380760319 or fill out our contact form and we will call you back.
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