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VAT Returns

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Take the Worry Out of VAT Returns!

Let our friendly bookkeeping team make VAT returns a breeze! We’ll take care of everything—calculating what you owe, letting you know when it’s due, and even submitting your VAT return to HMRC for you. Plus, we’ll send you clear, monthly reports to help you understand your finances and make confident business decisions.

VAT Services for Businesses & Limited Companies

If your business has a turnover over £90,000, you’ll need to register for VAT with HMRC. You might also need to register if:

  • You expect to go over this threshold in a single 30-day period.
  • You take over a VAT-registered business.

No stress—we’ll make the process super simple!

Easy VAT Registration

Picking the right VAT scheme is important for your business and cashflow. We suggest a quick chat with your accountant to find the best fit. When you’re ready, we’ll guide you through registration and help you create VAT-compliant invoices with ease.

A Friendly Guide to VAT Schemes

Here’s a quick look at the main VAT schemes to help you choose what’s right for your business:

1. Flat Rate VAT Scheme

Great for small businesses who want to keep things simple!

  • Pay a fixed percentage of your turnover (lower than the standard VAT rate, depending on your industry).
  • Pros: Less paperwork, simpler accounting.
    • Cons: You can’t reclaim VAT on purchases, so it may cost more if you buy a lot from VAT-registered suppliers or make zero-rated/exempt sales.

2. Standard VAT Accounting Scheme

This scheme is based on invoices issued, not payments received.

  • Pay HMRC the difference between VAT you charge customers and VAT you pay on purchases.
  • Pros: Reclaim VAT on purchases, which can help cashflow if you haven’t paid suppliers yet.
    • Cons: You may need to pay VAT on sales before customers pay you, which could affect cashflow.

3. Cash VAT Accounting Scheme

Perfect for businesses with slow-paying customers or bad debts!

  • Pay VAT based on actual payments received or made, not invoices.
  • Pros: Only pay VAT when customers pay you, and avoid paying VAT on unpaid invoices.
    • Cons: Less benefit if you pay suppliers quickly but customers pay late.

Why the Right Scheme Matters

The best VAT scheme depends on what you sell, how your business runs, and your cashflow needs. A quick chat with your accountant can help you pick the perfect one.

Let Us Handle the VAT Hassle!

Focus on growing your business while we take care of the VAT details. Ready to get started? We’re here to help every step of the way!

VAT returns can feel like a minefield, especially when the rules keep changing. I take the stress away by making sure every figure is accurate, every deadline is met, and every return is submitted without fuss — giving you one less thing to worry about.

Contact Us Now