Struggling to figure out what you need to pay VAT on?
And at what rate? Managing a business is a difficult task on its own. Keeping up with the changes in VAT can seem like a full-time job in itself.
Whether you're just starting a business or you've been running one for a long time, VAT can be a mysterious subject. With its changing rates and variance across different goods and services, it's no wonder that people get it wrong.
Can we help you?
Don't let VAT to keep you awake at night
Get in touch today and we'll show you how we can help make worrying about VAT a thing of the past. Give us a call on 01228 586790 or click the button below to book your FREE 60-minute health check.
We make sure your VAT return is accurate and correct for your business
If you don't pay your VAT correctly, you could be penalised. You'll pay fines, and your business growth will be hindered. If you pay too much VAT, then you'll quietly lose out on money you could be reinvesting into your business.
VAT registration is something that can be a big worry. Businesses have to register once they exceed a certain annual turnover. This turnover is reviewed and changed every April. However, businesses can also register before they reach this threshold and there can be advantages. Without proper expertise it's hard to know when is best to become VAT registered, or whether to avoid it completely.
At MoynanSmith accountants in Carlisle, it's our job to know the ins and outs of VAT. So, you needn't worry. We're clued up to offer you the best advice when it comes to your VAT returns.
We'll help you:
- Registering for VAT and deregistering
- Make sure you reclaim all input tax available to you
- Keep record of all sales & purchases with accounting software
- Advice on flat rate VAT scheme
- Make VAT work for you
So why struggle on alone? We'll make sure you save the most money possible when it comes to VAT, and don’t incur any penalties.