VAT Registration - Import, Export, VAT Return

VAT Registration - Import, Export, VAT ReturnYou must register for VAT if your turnover exceeds £68,000 in a 12 month period. Inadequate knowledge of VAT can result in multiple fines and surcharges. VAT is a subject that strikes terror into many business owners and VAT reporting requirements have increased, especially if you Import or Export products. 

We can maintain your bookkeeping and complete your VAT return on your behalf. Alternatively, we can review your bookkeeping and file the VAT return for you.  

VAT Return Advice

VAT is a complex subject and we can provide expert advice such as:

  • Whether you should be registered for VAT and how to register.
  • Whether the accruals or cash accounting basis is the best option.
     
  • Whether quarterly or annual accounting best suits the business.
  • Awareness of various VAT incentives to help small businesses.  

  • Expenses on which VAT is not reclaimable.