VAT Returns Service London

VAT Returns Service

Expert VAT returns service. Quarterly, monthly, or annual VAT return preparation and submission. Our VAT returns service ensures accurate VAT calculations, timely submissions, and compliance with HMRC requirements, helping you avoid penalties and optimise your VAT position. All VAT returns are prepared and submitted in compliance with Making Tax Digital (MTD) requirements.

VAT Return Services

• Quarterly VAT Returns: Preparation and submission of quarterly VAT returns
• Monthly VAT Returns: Monthly VAT returns for businesses with high turnover
• Annual VAT Returns: Annual VAT returns for small businesses (where applicable)
• VAT Calculations: Accurate calculation of VAT due or repayable
• VAT Reconciliations: Reconciliation of VAT records and returns
• MTD-Compliant Submissions: Making Tax Digital (MTD) compliant VAT return submissions

Making Tax Digital (MTD) Compliance

All our VAT returns are MTD-compliant:

• MTD for VAT: All VAT returns submitted through MTD-compatible software
• Digital Record Keeping: Digital records maintained in MTD-compatible software
• MTD Software: Use of MTD-compatible software (Xero, Sage, QuickBooks, etc.)
• MTD Validation: Validation of VAT returns before submission

VAT Return Preparation Process

Our VAT return preparation process ensures accuracy and compliance:

1. Data Collection: Collect VAT records and supporting documentation
2. VAT Calculation: Calculate VAT due or repayable
3. Reconciliation: Reconcile VAT records and returns
4. Review: Review VAT return for accuracy and compliance
5. Submission: Submit VAT return to HMRC through MTD-compatible software
6. Payment Planning: Advise on VAT payment deadlines and payment on account

VAT Schemes

We prepare VAT returns for all VAT schemes:

• Standard VAT Scheme: Standard VAT accounting with quarterly returns
• Flat Rate VAT Scheme: Simplified VAT scheme with fixed percentage rates
• Cash Accounting VAT Scheme: VAT on cash basis rather than invoice basis
• Annual Accounting VAT Scheme: Annual VAT return with monthly or quarterly payments

Why Choose Acumon for VAT Returns?

• Extensive experience in VAT return preparation and submission
• Expert knowledge of VAT legislation and HMRC requirements
• MTD-compliant VAT returns ensuring full compliance
• Efficient preparation ensuring timely submission
• Proactive VAT planning to optimise your VAT position
• Ongoing support and advice on VAT matters

Integration with Other Services

Our VAT returns service integrates seamlessly with our other services:

• Accounts and Bookkeeping Services - Supporting bookkeeping for VAT returns
• Making Tax Digital Services - MTD compliance for VAT returns
• VAT Registration Services - VAT registration if you need to register
• Tax Advisory Services - Tax planning aligned with VAT returns