With the rate being so high, mistakes in calculating VAT can be costly – and the rigid system of penalties and interest charges for mistakes and the late submission of returns adds to that burden.
In addition to providing a comprehensive bookkeeping and VAT accounting service, we can also advise on and help with:
Value added tax is one of the most complex and onerous tax regimes imposed on business – so complex that many businesses inadvertently overpay or underpay VAT.
The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of HMRC call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay the Exchequer more than you need to!
We provide an efficient cost effective VAT service, which includes: