We keep our clients regularly up to date on VAT thresholds, to ensure that they are aware of registering at the correct time. Late registration can be a major headache for any business, both financially and with regard to the administration involved.
We assist our clients with the registration process, advising on all aspects such as the special VAT schemes in place to assist growing businesses for example cash accounting, the flat rate scheme, partial exemption, full exemption, exports of goods or services etc.
Once registered businesses can find VAT compliance to be a major issue for them. We assist organisations with the preparation of regular VAT returns and EC sales returns to minimise the risk of default assessments or penalties. This can be within a full bookkeeping service or by assisting in the preparation of the VAT returns from the client’s records.