Value Added Tax

Is VAT a drain on your business?

We understand that VAT can be a complex area that can put pressure on your business and without the correct knowledge a business can either underpay or overpay VAT.

 

Are you on the correct VAT scheme?

 

There are many different schemes for VAT such as the Flat Rate Scheme, Cash Accounting or Annual accounting and we will constantly review your position and advise accordingly in a timely manner.   

 

Are you ready for digital records?

 

From 6 April 2018 the HM Revenue & Customs are pushing to introduce "Digital" record keeping to be compulsory and many computerised systems people currently use such as Excel, will not be compliant with the new rules.  We can help assess the most suitable solution for your business now and help implement the changes, so there is minimal disruption to your business when the changes happen.

 

 

 

 

How can we help?

We are happy to assist your own internal bookkeepers with any VAT queries to ensure you are compliant or to take over completion of the monthly, quarterly or annual VAT returns ourselves in order that you can concentrate your resources on growing your business, instead of compliance.

 

• We will be your VAT agent with the HM Revenue & Customs and will submit all your returns and deal with any correspondence with them.

 

• There are a number of different VAT schemes available and we will constantly review your position to ensure that you are on the scheme that is most tax efficient for your business.

 

• We can assist with registration for VAT with the HM Revenue & Customs and ensure that you are aware of your responsibilities.

 

• We can advise on your record keeping and internal systems to ensure that you are compliant with the HM Revenue & Customs if there is any enquiry.

 

Free Kashflow 14 day trial

Sign up for your FREE 14 day trial to see the advantages of completing your book keeping in the cloud.

 

(No bank details required)

 

More information on Kashflow Cloud Accounting software

Mills & Co Chartered Certified Accountants
16 Trinity Square | Llandudno | Conwy | North Wales | LL30 2RB

Telephone
01492 862865

Email
info@millsco.co.uk

Mills & Co Accountants

Mills & Co Chartered Certified Accountants
16 Trinity Square | Llandudno | Conwy | North Wales | LL30 2RB

Telephone
01492 862865

Email
info@millsco.co.uk

Mills & Co Accountants