VAT Returns

An individual / company is required to register for VAT if their turnover, in respect of vatable goods supplied, exceeds the registration limit for a given financial year (this generally increases from Tax Year to Tax Year).

At Fa accounting we are initially able to advise on the necessity for you being registered for VAT and, should the need arise, submit the registration on your behalf.

If you are already registered for VAT then you will be aware of the requirement to submit quarterly VAT returns to HMRC to account for VAT as required by law (unless you are on an annual flat rate scheme etc).

The team at Fa accounting are able to undertake all work necessary to ensure you are compliant with this obligation and that all of your transactions are properly accounted for in respect of VAT.

Fa accounting are able to prepare and submit VAT returns, on your behalf, whether we have undertaken the bookkeeping for your business or, indeed, whether you have undertaken this yourself and need the same checking.

In the event that you have aspects of your trading which generate complex VAT issues, we have a hugely experienced VAT Consultant to provide specialist input into such areas.

Please contact us if you require assistance in this area.