VAT
VAT registration is a formal and strictly controlled process in the UK and is much less straightforward than it appears. There is also an expensive and fairly inflexible penalty regime for failing to register at the right time.
So, although registration ought to be a simple exercise, it can prove to be time-consuming and costly.
Our team has helped hundreds of businesses to register for VAT, and we can provide as little or as much help as you need.
VAT simplification schemes
Once a business is registered for VAT it has a number of obligations, such as filing VAT returns and keeping records.
We can help make this easier by advising on simplification schemes such as:
- the flat rate scheme
- cash accounting
- annual accounting
Our team can guide you through the maze of schemes and eligibility criteria to match you with the right scheme(s) to suit your circumstances.