Whether you are starting out or well established, we can guide and plan your growth alongside VAT responsibilities.
VAT Doesn’t Need to be Scary!
It can actually help your business…
Whether you are just starting out or are a well-established, VAT registered business, we can support and assist you to ensure that you are completing all VAT obligations. With proper planning we will ensure you are running as profitably as possible.
As a startup, we can help you decide whether you need to be VAT registered from the outset or not, and we will continue to monitor your situation. When the moment comes for registration we will ensure you understand all options and have a strategy in place to roll out this change in your business circumstances.
It can be a little scary and confusing when you don’t understand the ins and outs of VAT. That’s why we ensure you ‘understand the numbers’ and can make this a massive benefit to your business! We help you understand and select the best VAT rate, as well as the scope of how it should be implemented.
We will typically use Xero (MTD-compliant software) to keep VAT records and submit your quarterly VAT returns to HMRC.
How Else We Can Help
Our Services for Small Businesses
Articles & Advice
Scottish Government Budget
On Thursday, Finance Secretary John Swinney set out the details of the Scottish Government’s tax and spending plans for the upcoming financial year 2023/24. This follows the UK Government’s Autumn Statement, where the UK Government Chancellor Jeremy Hunt announced the...
Corporation Tax – What is it and do I need to pay it?
On 17 November 2022, the UK Government Chancellor, Jeremy Hunt, confirmed that the planned rise in corporation tax will go ahead on 1 April 2023. This means what the rate of corporation tax will increase to 25% for profits for the financial year 2023-24. But it’s not...
Self-Assessment Deadline – Are You Prepared?
With under 60 days until the self-assessment deadline, are your tax affairs in order? The deadline for online submission of self-assessment tax returns for individuals and sole traders is 31 January 2023. This applies to all sole traders, company directors and...