VAT Returns

The dreaded VAT! Love it or hate it, when your annual turnover reaches that threshold, you must register and submit subsequent returns. Handled well it can sometimes work in your business's favour. Handle it badly though and the penalties for making mistakes (even innocent ones!) can be high.

UK businesses and other organisations must register for VAT once their rolling annual turnover reaches a certain level, as set for that given tax year.

Those who are liable to register for VAT include individuals, partnerships, companies, clubs, associations, charities and any other group of people acting together under a common name.

The only exceptions are where you only sell goods or services that are exempt from VAT or you are not classified as a business according to the definition used by HM Revenue & Customs for VAT purposes.

As with Corporation Tax and Self Assessment Tax Returns, regulations relating to VAT and excise are complicated and wading through them can be very time-consuming.

Combine that with the risk of severe penalties and it makes sound business sense to seek professional advice.

Our Services

The Accounts Office can assist with the extraction, computation, reconciliation and submission of VAT for periodic returns to HM Revenue & Customs, including:

  • Tax payable and recoverable on supplies and services
  • Registration / deregistration
  • Extraction and compilation of VAT data
  • Online submission to HM Revenue & Customs

Give us a Call

To enquire about our VAT Returns services or any of our other accounting services, please get in touch with one of our associates:

  • David (Preston): 07788 727568
  • Alan (Warrington): 07790 225798
  • On-line Enquiry: Contact Us

Throughout the North West

With associates based in Preston in Lancashire and Warrington in Cheshire, The Accounts Office have customers throughout the North West including the Fylde Coast, Merseyside, Greater Manchester and as far north as Kendal in Cumbria.

From their central locations, they are well placed to serve individuals, sole traders, partnerships and SMEs in Accrington, Altrincham, Bacup, Blackburn, Blackpool, Bolton, Burnley, Bury, Chester, Chorley, Crewe, Fleetwood, Garstang, Kendal, Kirkham, Knott End, Lancaster, Leigh, Leyland, Lytham, Macclesfield, Middlewich, Morecambe, Northwich, Oldham, Oswaldtwistle, Poulton-le-Fylde, Preston, Skelmersdale, Southport, St Annes, St Helens, Stockport, Thornton Cleveleys, Warrington, Warton, Widnes, Wigan, Wirral, Wrexham and more!