CALL NOW
Services
Vat
Everything your business needs, from registration to returns submission.
Your VAT Returns produced accurately and submitted on time
Your own dedicated accountant
Unlimited help and advice throughout the year
We take care of all dealings with HMRC and file all necessary documentation
Why does a business need VAT Returns?
If your turnover is more than the current VAT threshold then you may have to register for VAT. If this is the case then you will have to complete and submit a VAT return to HMRC, usually each quarter.
However, even if you are not required to register it can sometimes be beneficial to register voluntarily. Deciding whether you have to or should register can be confusing but don’t worry, help is at hand. We can talk this through with you and ensure that you receive the best advice possible based on your circumstances.
What if I get a VAT inspection?
Another great benefit to asking us to complete your VAT Returns is that we will act on your behalf should HMRC decide to investigate your VAT affairs.
HMRC can launch an investigation into your VAT affairs either at random or because figures you have submitted to them do not look correct. They also conduct VAT inspections more frequently for industries that are more likely to to submit inaccurate returns or for industries that tend to have complex VAT affairs.
By appointing L&T to handle your VAT Returns and submissions you will have peace of mind and confidence in your figures should HMRC initiate an investigation.