These goods and services may include business sales, commissions, sale of business assets, loaning goods, and everything characterised as taxable supplies.
VAT, when misunderstood, can often mean heavy costs for your business. SJ Mellish Accountancy is qualified to assist and support you both in knowledge and skillset when it comes to determining best tax schemes that may be applicable to you in terms of optimising your returns. As UK governing laws update and change from time to time, it is our duty to keep you updated on all VAT matters.
We’ll be able to assist you in any of the following:
Completion of VAT Registration
Expert recommendations on VAT returns, schemes, and payments
VAT Returns processing
Calculation of VAT Returns
Submission and payment of VAT Returns to HMRC
The VAT Schemes available may be:
Standard Accounting VAT
Annual Accounting VAT
As VAT is a legal obligation for businesses over the threshold, it’s imperative that you’re fully aware of the required information concerning the VAT you pay. Choosing the correct VAT scheme is fundamental in making sure you don’t lose income unnecessarily.
Our team at SJ Mellish Accountancy Ltd can help explain VAT for you. For competitive quotes & questions, you may reach us on 01442 818692 or via e-mail at firstname.lastname@example.org