Value Added Tax (VAT) Services
Introduction
VAT, or Value Added Tax, is a tax that is added to the price of goods and services sold in the UK. It is a tax on consumption, which means that it is charged to the end consumer of the product or service. VAT is charged on most goods and services, including those that are imported into the UK.
Value Added Tax (VAT) can be a complex area for many businesses, which is why we offer a range of services to help make sure your business is compliant with VAT regulations and optimises its VAT position.
Our VAT services include:
VAT Registration
VAT registration is mandatory for businesses with a taxable turnover of over £85,000, but it can also be beneficial for businesses with a turnover below this threshold to voluntarily register for VAT. At AccounTax Zone,, we understand that VAT registration can be a complex and time-consuming process, which is why we are committed to providing a hassle-free VAT registration service that allows you to focus on running your business.
VAT Returns
We can prepare and submit your VAT returns to HMRC on your behalf, making sure that your returns are accurate and submitted on time to avoid any penalties.
VAT Advice
Our experienced accountants can provide expert advice on a range of VAT issues, including the VAT implications of specific transactions or how to deal with VAT when importing or exporting goods and services.
VAT Planning
We can help you plan your VAT to ensure that you are taking advantage of any available VAT reliefs and exemptions, and to ensure that you are not paying any more VAT than you need to.
VAT Investigations
If your business is facing a VAT investigation, we can provide support and advice throughout the process, helping you to resolve any issues and avoid any penalties or fines.
Making Tax Digital for VAT (MTD for VAT)
As of April 2019, most businesses with a turnover above the VAT threshold are required to submit VAT returns through the government’s Making Tax Digital (MTD) service. We can ensure that your business is MTD-compliant and help you with the transition to digital VAT reporting.
Our team of experienced accountants has a deep understanding of the complexities of VAT and is committed to providing the highest level of service to our clients. We work closely with our clients to understand their businesses and provide tailored solutions that meet their individual needs.
If you are looking for expert VAT services, please get in touch with us today to discuss how we can help your business.