Introducing Simple Accounting

Innovative Modern. Accounting for Business

VAT

December 14, 2020

Value Added Tax can be an administrative headache and financial burden for businesses whose level of turnover require VAT registration.

The complex nature of VAT means that many businesses find difficulty in filing accurate Returns on time to HMRC, and can pay more to the government than they need to. We use the processing of VAT Returns to not only make sure our clients are HMRC compliant, but also as a means to keep a close eye on the everyday financial running of each business.

We’ll also help with:

  • VAT registration and invoicing
  • Advice on using the most appropriate scheme if possible
  • Completing and submitting VAT Returns on time
  • Negotiating with HMRC in respect of any disputes or inspections
  • Advice on what items come underneath the scope of VAT