VAT

Digital expertise for a digital business tax

Businesses with annual taxable turnover of £85,000 or more need to register for UK VAT. They also need to charge VAT at varying rates, depending on what goods or services are being supplied.

VAT was already a complex business tax that required genuine expertise before the UK left the EU and prior to the temporary rate changes announced during the COVID-19 pandemic.

There are also new rules relating to the reverse charge and subcontractors who work in the construction sector, while the penalties regime means it is essential to have professional help you navigate any tricky issues.

Our VAT service fully complies with Making Tax Digital – the scheme that puts the onus on you to keep digital records and file digital VAT returns either monthly or quarterly, and annually. We can handle that for you.

We can help you register or deregister for UK VAT and determine the most suitable scheme for you to register under (usually one of the flat-rate, cash accounting, or standard VAT schemes).