Value Added Tax (VAT)

We can help you avoid paying too much VAT

Whether you are a limited company, partnership or sole trader, if your turnover is £82,000 or more then you are required to pay Value Added Tax (VAT) to HM Revenue & Customs.

The rate at which VAT is paid is either 20%, 5% or 0% subject to the type of goods or services you provide. We will help you determine the correct rate for all your goods or services and help you avoid paying too much VAT.

Our expert VAT service includes;

• VAT returns – monthly, quarterly and annually
• VAT payments
• VAT regulations and compliance
• VAT debt
• VAT questions
• VAT HMRC visits
• VAT schemes
• Customs advice

Value Added Tax is a complex subject and there are specific rules for certain trades and business circumstances that will determine how much VAT you will need to pay. For example, the VAT rate conditions for builders and charities affect how the business pays, reclaims and accounts for VAT. Even if your turnover is below £82,000, it can be beneficial to register voluntarily for VAT; Limited companies need to file their returns differently than a self employed sole trader and there are VAT exemptions for businesses trading goods overseas.

Whether you are a new or established business if you need help with your monthly, quarterly or annual​ VAT return, VAT compliance or a VAT schemes, we can help. We will help you file the correct VAT return on time so you avoid paying any penalties and reduce the likelihood of being the subject of a tax investigation due to late submission. VAT laws have changed in recent years, that’s why for established businesses a review is essential to identify new opportunities to save VAT and ensure your business is compliant with the latest rules.