A value-added tax (VAT) is a type of consumption tax that is placed on a product whenever value is added at a stage of production and at final sale.

Every company must register for VAT with HM Revenue and Customs if business VAT taxable turnover is more than £85,000
 

In terms of VAT we will not only guide you to register for VAT but also assist you to opt in for the relevant VAT scheme i.e. Flat Rate Scheme (FRS) and update you significant changes. If you are already registered for VAT your paperwork would be updated at least every three months, to enable us to produce your VAT Return.

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By bringing us on board at an early stage, our intervention can deliver significant savings as well as help clients to avoid potential VAT pitfalls from a complex or significant transaction. We can also conduct VAT audits to identify areas of a business or other organisation where changes can be made to save money, correct weaknesses and reduce risks, while always maintaining compliance with the VAT regime.

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Vattax Accountancy Ltd is the UK's leading VAT and Customs Duty consultant. We work with clients all over the country and we work with a wide range of businesses as well as assist our accountancy colleagues in unraveling the thorny VAT issues for their clients. We are well known and highly regarded by profession. Our VAT helpline is widely used by firms all over the UK - it costs nothing to chat through an issue with one of our consultants and all our clients find this an extremely useful service.

 

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We offer advice on anything VAT-related, from refund schemes to exemptions and transactional VAT advice.