Bookkeeping and VAT Returns

VAT Returns

Any company or trade whose turnover exceeds the VAT registration limit (currently £64000) must register for VAT and submit quarterly VAT returns.*

Due to the importance of the accuracy of these returns, and frequency or VAT investigations resulting from inaccuracies, many business owners prefer to delegate their duty in preparing this return to their accountant.

For a small quarterly fee we can process your VAT returns on your behalf, saving you precious time in filtering and processing your records and reducing the likelihood of an investigation.

If you are selected for a VAT investigation we will also assist with the correspondence to ensure that the matter is settled with minimum interruption to your trade. Minor investigations will not be charged, however in the event of a time consuming query we will agree a charge for this assistance.

Monthly/Weekly Bookkeeping

As H M Revenue and Customs place more and more emphasis on the record keeping of businesses, the importance of accurate and reliable bookkeeping is quickly becoming a high priority.

To satisfy this requirement we can offer a weekly or monthly bookkeeping service. This would involve the accurate recording of all sales, purchases and other transactions, bank and VAT reconciliations and regular tracking of debtors and creditors.

We can provide regular reports as required to assist you with the management of your business, as well as keeping you informed as to the financial standing of your trade.

For more details of our bookkeeping and VAT services, or for a tailored quote, please contact us.

*except in certain special circumstances where VAT returns can be filed monthly or annually. For details of these situations please contact us.