VAT is one of the most complicated part of small business finance. You’re performing the role of an unpaid VAT collector for HMRC and the penalties for getting it wrong are severe. But you certainly don’t get a pat on the back from the taxman for getting it right!
You may be unsure whether you need to apply for VATRegistration. There are a range of VAT Schemes available, and we’ll give you bespoke advice on the most suitable one for you. We can prepare your VAT Return for you, either as part of our service, or by reviewing your own bookkeeping on your Xero QuickBooks or FreeAgent system.