VAT and MTD Services in Greenford, Perivale, Northolt & Ealing
UK VAT and MTD (Making tax digital) Services
Our chartered accountants in Greenford advise on the most beneficial VAT scheme to use, then prepare and submit ongoing VAT returns. Our VAT service is fully Making Tax Digital (MTD) compliant. Our accountants will also ensure that you reclaim all input VAT due.
Whether a new or existing business, we will also look at the VAT schemes you are eligible for and establish whether you would be better off adopting one, or a mixture of them. Some VAT schemes can lead to tax savings and a reduction in bookkeeping responsibilities.
VAT registered businesses with a taxable turnover of more than £85,000 must follow the rules for ‘Making Tax Digital for VAT’ by keeping some records digitally, unless:
- your business uses the VAT GIANT service, for example if you’re a government department or an NHS Trust
- you apply for an exemption
- you can choose to sign up to Making Tax Digital for VAT if your business earns less than £85,000.
From 1 April 2022 all VAT registered businesses must sign up, whatever they earn.
For help with VAT, contact our chartered accountants on 02084265245 or email us at firstname.lastname@example.org