VAT

VAT registration and VAT returns

We register you at the right time, choose the right scheme and file accurate VAT returns through Making Tax Digital compatible software.

Including import and export VAT for businesses trading internationally.

What's included

  • Monitoring your turnover against the registration threshold
  • VAT registration and scheme choice (standard, cash or flat rate)
  • Quarterly VAT returns filed through Xero under MTD
  • Import and export VAT, including postponed VAT accounting
  • Reviewing VAT on expenses so nothing reclaimable is missed
  • Handling HMRC VAT queries and checks

When you must register

You must register if your taxable turnover goes over £90,000 in any rolling 12 months, or you expect it to within the next 30 days. Below that, voluntary registration can still make sense, for example if most of your customers are VAT registered.

Key dates

  • VAT returns and payment: usually 1 month and 7 days after the end of each quarter
  • Registration: within 30 days of going over the threshold
  • All VAT-registered businesses must keep digital records under Making Tax Digital

Common questions

Should I register for VAT voluntarily?

It depends on your customers and costs. If they are mostly VAT registered and you have VAT on your expenses, it often helps. We run the numbers first.

What is postponed VAT accounting?

It lets you account for import VAT on your VAT return instead of paying it at the border, which helps cash flow. We set it up and reconcile the monthly statements.

I went over the threshold without realising. What now?

Register as soon as possible. We work out what is owed from the date you should have registered and help you deal with HMRC.

Is the flat rate scheme worth it?

Sometimes. It suits some service businesses with low costs, but not all. We compare it against standard accounting for you.

Let's talk

Every client is different, so there is no standard fee. Tell us a little about your situation and we'll come back with a personalised quote, usually within one working day.