VAT Returns – Help and support for SMEs
Compliance with added peace of mind, in six easy steps.
If your business is required to make VAT returns by law, be assured that acting as your agent we will always prepare and submit your quarterly VAT returns in good time.
Our trusted six step system for client VAT Returns. You're always aware of your position and the VAT-man always stays happy!
How important is this?
It's more than important, it's inevitable. HMRC's VAT office is always the first party to be settled in any liquidation scenario. Not paying your VAT bill really isn't an option.
Better then to always be on top of it and ahead of the game when it comes to your position and your liability.
We take a six step approach in our VAT Returns service that has your back covered at all times.
We have the figures at our fingertips and pass them onto you at exactly the moment you need them in the quarterly VAT cycle.
VAT Returns – Our six step system
- 1. Scheduling – We create a recurring quarterly job within our job management system, so we NEVER miss a deadline and begin work on the VAT return the day after the quarter's end.
- 2. Auditing – We carry out a thorough audit of ALL transactions for the period. We check that purchase VAT has been claimed on every transaction that it should have been and conversely that it hasn't been claimed where it shouldn't have been.
- 3. Monitoring – We ensure that you are on the best VAT scheme to maximise your cashflow - Cash or Accruals. We also keep an eye on your threshold, the point at which you HAVE to move to accruals by under the law.
- 4. Notification – We send you notification of the VAT amount due within three weeks of the quarter end, giving you two weeks’ notice of the amount that will be taken automatically via a direct debit.
- 5. Filing – We file your VAT Return with HMRC – ON TIME, EVERY TIME.
- 6. Communication – We deal with any queries, enquiries or investigations from HMRC so you don't have to get involved. This helps you to focus on running your business and avoids the further cost that might be incurred by bringing us into any future investigation.
More financial control services
Payroll
Fixed and Variable Salary EmployeesIf you have employees you will need to do payroll reporting to HMRC via RTI.
Confirmation Statement
Helping you get it rightFiling your confirmation statement (annual return) with Companies House.
VAT Returns
Talk to us about your concerns and aspirations. What needs looking at within your business?