VAT registered businesses have to submit VAT returns to HMRC.
Most businesses submit a VAT return to HMRC every 3 months, and some businesses only submit a return once a year.
The period of time which your VAT return covers is called an “accounting period” for VAT purposes.
Your VAT return may report the following figures:
- Your sales and purchases
- The amount of VAT you are due to pay
- The amount of the VAT refund you are claiming
If you are registered for VAT you must submit a return even if you have no VAT to pay or to reclaim.
We can help you out by preparing, checking and filing your VAT returns for you to ensure that you always comply with the complex rules around VAT and file on time.
If you would like to have a chat about this, give us a call
I work with Val and beyond the Numbers, because they are exactly that..more than just the numbers. They work hard to understand my business, understand the business needs that are unique to me. They then shape the support and service around those needs.
What I particularly like is that they are up for doing all sorts of support, from basic book-keeping, through to strategic challenge and insight. Trusted partners.
Martin Ewart, Bigwheel Leadership Ltd
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