Our bookkeeping department has been working with businesses with over 10 years. We have extensive knowledge of VAT, Bookkeeping laws and can give you the right advice for your business.
We will prepare and process your VAT returns to HMRC every quarter and ensure you pay the right amount of VAT. We can also make this job easier for you every quarter by setting up software systems such as Sage at your premises.
Every quarter, you can send your records to us via post or can see us at our offices and we’ll do the rest. We will take your sales, payments and purchases and create a report that calculates your VAT Output and Inputs.
We can also do bookkeeping from your Sage file, just email us the file and we will reconcile the account for submission.
Any system that records your financial transactions at your site will make it easier for us to create the final accounts.
We will deal with all VAT registration and De-Registration throughout the year. We will also deal with all queries to HMRC on your behalf.
It is important to have an efficient bookkeeping process to reduce the likelyhood of an investigation.
If your records are not in order and the amount of VAT you are paying varies vastly quarter after quarter this can not only make the running of your business more difficult, but will certainly not make things easier if an investigation comes up.
We will let you know if you need to get registered for VAT by looking at the products you purchase and how you sell them.
Sometimes it can be more worthwhile not to be registered for VAT, and other times it can be even if you haven’t reached the VAT Threshold.Contact us today