VAT Services

Let our specialist team of accountants take the hassle out of your VAT affairs so you can get back to business. Value Added Tax (VAT) is the tax you must pay when buying goods or services. If you are a business, you may be required to register for and collect VAT.

Businesses with a turnover of more than £85,000 (known as VAT registration threshold) must register to pay and add VAT on the products and services they buy and sell and pay this to HMRC when they file their quarterly return.

Does your Business have to register?

Compulsory Registration:

In the last 12 months, your total VAT-taxable sales were more than £85,000. (The VAT threshold)
You think your sales will be more than £85,000 in the next 30 days

Voluntary Registration:
You may also choose to register if your annual sales are less than £85,000 or if you are just starting a business and expect to make several VAT-inclusive purchases that you can reclaim from the taxman. This will put you in a repayable situation with the HMRC, which will help your company’s cash flow.

We can help you Register

Our fully dedicated team at EA Accountants will ensure that your business formation is seamless and hassle-free. From registering for VAT numbers and payroll to advising on payroll software, we leave no stone unturned when setting up your company.

Assesment of Your Industry

If you are looking to save, it is always recommended to analyse and consider your VAT scheme. Our VAT experts and tax advisors will analyse your industry and consider your circumstances, such as conducting business internationally; based on this, we will provide advice regarding the most suitable VAT scheme.

Filing your VAT Return with the HMRC

Our VAT services will help you complete your return quickly and easily. You can rely on our expertise to manage your submission to HMRC regularly, taking the hassle out of submitting your returns.

We will promptly remind you when your VAT returns are due and ensure these are prepared and filed to the HMRC on time; we will advise you if the business is in a payable or repayable situation. We will examine your expenditure and identify what is claimable from the HMRC on your return.