VAT Accounting
VAT can be the bane of everyone affected by it. With the rate being so high, mistakes in calculating VAT can be costly - and the rigid system of penalties and interest charges for errors and the late submission of returns adds to that burden. Our cost-effective VAT compliance and planning services can relieve you of this burden.
In addition to providing a comprehensive bookkeeping and VAT accounting service, we can also advise on and help with:
- The pros and cons of voluntary registration
- The timing of compulsory registration
- Extracting maximum benefit from the rules on de-registration
- Partial exemption
- Timing and delaying VAT payments
- Flat rate VAT schemes
- VAT on imports and exports
- VAT control visits from HMRC
- Selecting the right VAT scheme for your business
- MOSS advice and compliance