VAT - Bookkeeping
We can relieve you and your business of a significant burden by taking care of all your bookkeeping and accounting needs. This ranges from making use of our in-house bookkeeping bureau to the preparation of your annual accounts. We will treat every business individually so that we can tailor our approach to your requirements.
We can prepare your book-keeping and calculate your VAT whether on a quarterly or annual basis. Your VAT inspections can be arranged to take place at our premises this avoids wasting your time, does not upset customers, also any queries that Customs & Excise have are dealt with by our staff.
Your bookkeeping is carried out by experienced bookkeepers who will keep your records up to date and ask the relevant questions to ensure all aspects have been covered and all expenses have been included. This will therefore ensure you are not incurring unnecessarily high tax bills.
Value Added Tax affects all businesses. When introduced in 1973 it was hailed as a simple tax, but in reality, it is far from that. Its rules are particularly complex, and its effects are often not considered until it is too late. VAT planning requires in-depth knowledge and even the most conscientious sometimes fall foul of the VAT inspector. It is a high risk area where professional advice can bring big rewards.
Following a VAT inspection, liabilities can arise.
We specialise in reviews of assessments and can ensure that liabilities and any penalties are minimised.
Compliance Services:
VAT registration and de-registration │ Advice on choosing the right scheme│ Completion of VAT returns │A check on your own VAT compliance work if necessary.
Health Check and Planning
Our VAT health checks ensure that your tax system complies with VAT legislation and corresponds with correct procedures. It also identifies any VAT planning opportunities of which you could take advantage.
Prevention is better than cure. So many clients enjoy peace of mind through advice on VAT compliance and through our VAT Health Check.
Head of VAT & bookkeeping
Thomas Jay
