We’re V good at VAT
Find VAT a chore, or even a bore? We can take the pressure off and turn it into a strategic advantage for your business with our expertise and software that simplify things for you.
From taking care of your bookkeeping, to knowing when and how to register for VAT, through to choosing the right VAT scheme (or mix of schemes) for your business, we’re here to provide our know-how and to free up your time so you can focus on money-making tasks.
By reducing errors, submitting your VAT return on time and paying before the deadline, we can also help prevent penalties.
And even if you don’t have to register for VAT because you’re below the threshold of £90,000 of total taxable turnover, we can help you identify whether it would be more beneficial for your business to do this.
Questions, Questions
- How do I register my business for VAT?
-
We can do this on your behalf, or you can register directly with HMRC.
- When should I register for VAT?
-
If you’re going to breach the £90,000 of total taxable turnover threshold in any rolling 12-month period (not just within a financial year), or if it would be beneficial for your business – for example, to support your B2B clients or boost the perceived status of your business. We can help you look at the pros and cons for voluntarily registering.
- Are any businesses exempt from VAT?
-
Those with under £90,0000 turnover don’t have to register for VAT, and there are a very few exemptions for certain businesses, such as financial advisors. Get in touch if you’d like to know more.
