VAT returns.

Getting your returns right

Having to file and pay your VAT can be a complicated, yet unavoidable, process throughout the year. Failing to file your returns can lead to penalties and have HMRC breathing down your neck. If done correctly, you can reduce your VAT bill, and with our help that can become a possibility.

Our experts can take on your VAT obligations and navigate the constantly-changing regulations. If you’re unsure whether to register or deregister for VAT, we can give you the advice you’ll need to get things done correctly. you’ll want to make sure you don’t get fined and face the chances of prosecution, Tax & Financial Solutions can guarantee this won’t happen.

Depending on your business, there are several different VAT ratings and schemes. Within the retail sector, you have a point of sale VAT, apportionment and a direct calculation scheme. There is even a separate set of VAT rules for construction.

Now Making Tax Digital (MTD) has been rolled out, you’ll also have to file your returns only using compatible software. Thankfully, we are clued in when it comes to all of this.

By getting in touch with our team, you can make sure all of your VAT concerns will be a thing of the past.

Get in touch today.