VALUE ADDED TAX

 VALUE ADDED TAX

All businesses need to register for VAT if trading with the turnover exceeding the relevant threshold. However VAT registration might also be voluntary, even if the turnover is below the relevant level.

If your business is VAT registered you will need to complete a return each quarter or every month, and pay the correct amount of VAT accordingly. With the completion of the VAT return you are telling HMRC how much VAT has been charged on sales and how much VAT paid in expenses has been recovered. HMRC expect you to pay the VAT you collect on your invoices and turnover.

Although this might sound straightforward enough; the ever-changing VAT regulations, the continuously widening scope of VAT, as well as additional checks placed by HMRC to ensure that businesses are correctly paying any VAT due mandate the need for a professional to ensure that VAT compliances are met.

HOW DOES IT WORK (WHAT’S INCLUDED)

We can help to provide you with an efficient and cost effective VAT service including;

• Help with the selection of the most suitable VAT scheme
• Assistance with VAT registration
• Assistance with completion of VAT returns
• Submission of quarterly or monthly VAT returns
• Guidance on VAT treatment of specific transaction
• Dealing with HMRC regarding your VAT affairs

BENEFITS OF OUR COMPANY FORMATION SERVICES

Benefits of our company formation services are;

• Avoid dealing with HMRC yourself- we’ll do it for you
• Relief from VAT complications
• Long term support
• Stay up to date with ever changing VAT regulations
• Confidentiality & honesty
• Quality service

WHAT NEXT

We have made it so simple

Initial Meeting (Call us, Meet us, E-mail us)

With our initial discussion, we assess your requirements and have a good idea of your Tax, Compliance & Payroll needs, we also provide you with our advice or a second thought on your ideas.

We can talk through all the available options suiting your business needs

Available Options

Once you are happy with the options and decided what best for you, for example, our business growth package, management reporting, credit control services. We agree on the frequency of reporting and deliverables. And then get sthe system set-up and ready for you.

On Hand Support

That’s all about it and you are now up and running. We spend time with you to make sure that we make it as simple as possible, we do not deviate from your existing system and apply our change management strategies to ensure everyone in your team is on board.

This starts the era of our ongoing support and business growth research, therefore, you get the best from our services.

Timeframe

The whole process should not take longer than a week, in some cases, we are happy to commence work from the very next day!

Switching to us:

We can understand the pain of switching a supplier, however, it is not at all like the switching a broadband supplier. In case have an existing accountant, our support process, will make it seamless. You offer a big thank to your previous accountants and we collect all the information on your behalf.

Get in touch:

If you would like to know more about our start-up services and would like to get an instant quote please contact us with no delay.

We also offer non-executive and FD services to your new business, that is demonstrative and more than what you get from a traditional accountant.

If you are setting up a new business or if you have already set-up a business and seeking to appoint an expert team of accountants who can provide attention to your new business and would like to get an instant quote please contact us 020 7636 3455 with no delay.

Request a call back by contacting us.