Ackland Webb Accountants
There are two main ways we can help with your VAT. We can help you with preparing and submitting your VAT return. We can also advise you on VAT planning and technical issues. We can assist with your VAT even if we don’t maintain your accounting records.
Easy VAT planning and returns for busy business owners
All VAT-registered businesses with a turnover of more than £85,000 per year must submit quarterly or monthly VAT returns. For most businesses, this must now be done digitally in accordance with the Making Tax Digital (MTD) rules introduced in April 2019. We help you prepare and submit your VAT return, giving you more time and energy to spend on your business.
We can also advise you on VAT planning and technical issues. This could be about recovering VAT on costs, the VAT status of a sales transaction, or a specific area such as:
- Cash accounting
- The Flat Rate Scheme
- Annual accounting
- Partial exemption
- Land and property transactions
- International trade and EU cross-border transactions
- Tour operators margin scheme (TOMS)
To speed up your VAT accounting and returns, we highly recommend that you use accounting software to maintain your records. We work with a number of accounting softwares, including Xero, QuickBooks, FreeAgent, Sage One, KashFlow and Zoho.
If you would like to discuss how we can assist you in relation to routine or more complex areas of VAT, please contact us to arrange an initial no-obligation meeting.