VAT Registration Certificate
VAT
Handling and Filing Your VAT Return with Expert Guidance
Managing your VAT account and ensuring accurate compliance when you file VAT return online can be challenging. At Taxbee Accountancy, our VAT accountants specialize in taking the stress out of the process. Whether you're filing VAT returns or seeking VAT advisory services, our VAT tax consultants are here to help.
From choosing the right scheme to ensuring accuracy, our VAT specialist accountants provide comprehensive VAT accountancy services tailored to your business needs. With expertise in VAT tax accounting, we help you stay on top of your finances and compliant with regulations. Our VAT experts UK and VAT specialist in the UK are ready to provide reliable support and proactive advice.
Start your process with 3 simple steps
1
Start with Taxbee Accountancy: Begin your journey with Taxbee Accountancy by generating a quote on our website or reaching out to us.
2
Streamline Information Collection: Provide us with the necessary details. If needed, we'll contact your previous accountant on your behalf.
3
Effortless VAT Return Handling: Our expert accountants at Taxbee Accountancy will compile your VAT Return for your approval and subsequently submit it to HMRC.
Looking for tax help in the UK? We can connect you with trusted accountants for reliable financial support.
Required Documents for VAT Return Services
Sales Invoices
Purchase Invoices
Bank Statements
Import/Export Documentation
Expense Receipts
Previous VAT Returns
Any Related Document
Elevate Your Accounting Game with Our Advanced
Choosing a Taxbee Accountancy pricing package grants you instant access to award-winning accounting software like Xero, QuickBooks, and FreeAgent, along with the management of your digital VAT returns. As members of the Institute of Chartered Accountants, we offer expert advice to ensure your business stays compliant with the latest government initiatives. Trust Taxbee Accountancy to keep your finances in line and your business ahead.
Frequently Asked Questions
VAT (Value Added Tax) is an additional charge applied to the sale of goods and services by VAT-registered businesses in the UK. The current VAT rate is 20%. When you become VAT registered, you act as a tax collector for HMRC, collecting VAT on their behalf. In return, you can reclaim the VAT paid on business purchases, which can be particularly beneficial for growing businesses.
You must register for VAT if your taxable sales exceed £90,000 in the last 12 months or if you expect them to exceed this amount in the next 30 days.failure to register within 30 days can result in penalties. If your sales are below £90,000, you can still register voluntarily to reclaim VAT on business purchases. this is beneficial if your clients are VAT-registered, you make zero-rated sales, or you're starting a VATable business. you can also deregister if your VATable sales fall below £88,000 in the next 12 months or if you're liquidating or selling your business.
- VAT Flat Rate Scheme: For businesses under £150,000 turnover. Fixed percentage on turnover.
- VAT Cash Accounting Scheme: For businesses under £1.35 million turnover. Pay VAT only after receiving customer payments.
- VAT Annual Accounting Scheme: One annual return. Advance payments based on last year’s estimates. Ideal for stable businesses.
The deadline for submitting your VAT return online and paying HMRC is typically one calendar month and 7 days after the end of your VAT period.
Recommended Services
our client's review
We believe our service is second-to-none. We are proactive, tech driven accountants who always go the extra mile, but don't just take our word for it; see what our clients are saying.
Amy Pennell
Taxbee Accountancy has been incredible as our business accountant. Their team's attention to detail and proactive approach have helped us manage our finances better than ever. Truly the best online tax return service we've used!
Curtis Long
If you need a reliable tax accountant in the UK, look no further than Taxbee Accountancy, Highly recommended !!. Their expertise and dedication are unmatched. They've simplified the entire process for us and always go the extra mile.
Gemma Baker
As a business tax accountant, Taxbee Accountancy has surpassed all our expectations. They provide comprehensive accounting services that have greatly benefited our operations. Highly professional and efficient.
Shaun McGovern
Taxbee Accountancy helped me with my tax services during the tax season, they offer timely and accurate advice. their knowledge of tax law is exceptional. I can't thank them enough!
Jasmine Taylor
Choosing Taxbee Accountancy was one of the best business decisions I've made. Their accounting service is flawless, and they are always available when I need advice or support.
Sharna Read
Accountants at Taxbee Accountancy is more than just a tax accountants; they are a partner in our business growth. Their strategic advice has been invaluable. I highly recommend their services to any business owner.
Ayesha Siddique
I used Taxbee Accountancy for the first time this year for my business taxes and was very impressed by their professionalism and efficiency. They truly are the best business tax accountants in the UK
