Value Added Tax (VAT) is a tax on the final consumption of certain goods and services in the UK but it is collected at every stage of production and distribution. The tax is charged on taxable supplies made in the UK by taxable persons and credit is given for tax paid to other businesses. The net balance is payable or reclaimable to HM Revenue and Customs, normally on a quarterly basis.
Many of our clients enjoy peace of mind through our compliance services:
- VAT registration and de-registration
- Advice on the most appropriate scheme for you
- Completion of returns either from your own book-keeping or from book-keeping we have performed for you
- Review of your own VAT compliance work
- Advice on trading in Europe and overseas
We can assist you with