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MAKING YOU HMRC FRIENDLY WITH OUR VAT SERVICES
WE ARE QUALIFIED ACCOUNTANTS WITH UNMATCHED VAT ACCOUNTING EXPERIENCE
VAT REGISTRATION
VAT REGISTRATION
VAT REGISTRATION
OUR VAT SERVICES PROCESS
INITIAL CONTACT WITH US
- Contact V Associates at 0333 011 6352 or book an initial appointment online at info@vassociates.co.uk
- Negotiate a customized package with V Associates by choosing services of your choice. View our other services as well.
SEND US YOUR DOCUMENTS
- We offer best online bookkeeping services. You can send us your documents via email, upload them to cloud or send us in prepaid mail bags.
- You can send us at monthly, quarterly or yearly basis depending on the frequency of bookkeeping services required by you.
- Alternatively, you can have one of our qualified accountants at your doorstep to do onsite bookkeeping for you.
WE DISCUSS WITH YOU
- We set up proper accounting procedures and specific accounting controls so that your accounts are kept fully up to date with latest statutory regulations and market norms.
- We can train you in keeping in line with proper documentation requirements and help you establish better business practices that fulfil legal accounting and bookkeeping requirements.
YOUR VAT LIABLITY IS CALCULATED
- We diligently calculate your VAT liability and discuss it with you.
- We keep you onboard throughout the process and take your inputs and concerns seriously.
- Where there are missing invoices, we help you with alternate strategies that are in compliance with UK law.
WE SUBMIT YOUR VAT
- Once VAT has been calculated and approved by you, we submit VAT returns on your behalf officially to HMRC.
- We also represent you in case of any dispute with HMRC and help you with any ongoing VAT investigation.
WHAT IS INCLUDED IN OUR VAT SERVICES PACKAGE?
There are many accountants in the market offering you VAT accounting services. However, we at V Associates, take pride in offering a complete all-inclusive VAT services package for our clients that include aspects that most accountants out there won’t offer you.
- VAT Registration and De-registration assistance
- Informing you of First Time Registration Incentives
- VAT services for Sale and Purchase of Businesses
- Land and Property VAT calculation services
- VAT consulting services for cross border sale and purchase of goods and services
- Reviewing possible exemptions and cost saving opportunities
- Assistance with proper Invoicing
- Retrieval of Lost and missing Invoices
- Reviewing VAT schemes to choose best suited to your needs and circumstances
- Keeping you update with latest regulations and VAT laws
- Tackling Reverse VAT charge if applicable to you
- Negotiating on your behalf all disputes with Customs and Excise
- Capital and Revenue Spending reviews
- Individual Transaction VAT advice for maximum VAT recovery
- Mitigating transgressions and penalties levied by HMRC
UNDERSTANDING VALUE ADDED TAXATION
WE ANSWER ALL YOUR VAT QUESTIONS AND QUERIES
Value Added Tax is tax levied on customers for purchase of goods and services. It is to be collected by the seller who is responsible to pay it to the HMRC. UK law makes it compulsory for all businesses with gross sales above a threshold to register them for VAT. As of 2021-22, the threshold is set on £85,000 per annum. There are official UK Government Guidelines for VAT that you need to follow. In order to charge VAT, you will need VAT services by qualified accountants such as that of V Associates. We ensure you file timely VAT returns to avoid any penalty by HMRC. Your VAT returns calculations and deadlines will depend on the VAT scheme you have opted for your business. As your VAT consultant, we will help you decide which scheme will benefit your business in terms of lower returns, less hassle and better cash flow. We know you will have many unanswered questions like:
- Should you file returns quarterly or annually?
- Should you pay your VAT liability monthly, quarterly or annually?
- Why not just pay a flat rate VAT as a percentage of gross sales rather than doing messy calculations?
- You are paying VAT on sales which are still not received in cash. Should you use Cash Accounting VAT instead?
- What is your eligibility criteria for each scheme and what happens when you are no longer eligible for your chosen VAT scheme?
Our premium VAT management consultancy can take care of all such questions and advise you on your accounting and tax requirements. With our VAT services, leave all VAT worries to us. We partner with you to bring you peace of mind that lets you focus on your business instead!
WHAT OUR CLIENTS SAY ABOUT US: ?
OUR BUSINESS IS YOUR SUCCESS