VAT and Making Tax Digital

 VAT Returns and MTD Filing

If your annual turnover is above £85,000 per year, you must register for VAT. Once registered you will have a number of obligations to fulfil including adding VAT to sales invoices, keeping sufficient records and submitting quarterly or annual tax returns, depending on your chosen scheme.

How can we help?

As HMRC Agents for VAT we can assist you with all aspects of your VAT.  We can help with registering, calculating and submitting your VAT returns and keeping adequate records including advising on the most appropriate VAT scheme to use and making tax digital compliance.

 

VAT Returns Processes

  • assist with your VAT registration

  • account for VAT on qualifying sales

  • process purchase invoices and claim allowable input tax for the business

  • review VAT records each quarter

  • calculate VAT liability or refunds

  • submit VAT returns to HMRC according to your scheme requirements