01273 044178

hello@quantumbookkeeping.co.uk

Follow us on Facebook

Phone Number

01273 044178

Vat Returns

Do you feel like each quarter sneaks up on you, leaving you rushing to pull together your VAT returns? Instead of scrambling at the last minute, why not let a professional accountant ensure your VAT returns are completed and submitted on time?

If you run a VAT-registered business in Brighton, you likely know how challenging it can be to keep up with VAT returns. These returns must be submitted to HMRC on a monthly, quarterly, or yearly basis, making it an ongoing responsibility that requires consistent attention.

If you’d prefer to have a team of accountants handle your company’s VAT returns, simply reach out to us at Quantum Bookkeeping. We’re here to make your life easier by taking the stress out of managing your finances, and we can complete your VAT return efficiently and accurately. Just give us a call—we’re always happy to assist in any way we can.

What Is A VAT Return?

VAT, short for value-added tax, applies to any UK company registered for VAT with HMRC. If your business earns over £90,000 within a 30-day period, you are legally required to register for VAT.

You can also choose to register early if you anticipate exceeding the threshold. VAT is calculated by comparing the total sales (input) with your business’s expenses (output) to determine the amount payable.

Navigating VAT returns can be complex, which is why we highly recommend engaging an accountancy firm to handle them for you. This ensures your VAT return is accurately completed the first time, reducing the risk of errors that might require corrections later.

While VAT registration is mandatory based on income, it also applies to specific products and services you offer. An accountancy team can provide detailed explanations tailored to your business. Contact Quantum Bookkeeping today to learn more about our VAT accounting services. We even offer a VAT health check to ensure everything is in order.

VAT Services Brighton

When choosing an external accounting firm to manage your finances, it’s crucial to understand the specific services you’ll receive.

One of the key services we offer at Quantum Bookkeeping is handling VAT returns for registered companies. Our comprehensive VAT return service includes:

  • Determining the total value of your sales and purchases
  • Calculating the VAT you owe
  • Identifying the VAT you can reclaim
  • Ensuring your VAT report is accurate and compliant

It’s important to remember that failing to submit your VAT report is a serious offense under Section 72(1) of the VAT Act 1994. Submitting your VAT return on time and with accurate information is essential, whether it’s due quarterly, monthly, or annually.

At Quantum Bookkeeping, our team is ready to handle your VAT returns whenever needed and can liaise directly with HMRC on your behalf. If you need advice on VAT registration or want to discuss the VAT schemes best suited to your business, give us a call today.

What People Are Saying

{

Very quick to respond. Efficient and friendly with a modern look at accountancy. The speed and quality in which everything was dealt with was second to none and the price was very competitive. Highly recommend them to everyone.

5
Aga K.
{

Dominika has been providing bookkeeping services for Brighton Sunblinds since 2017. She is punctual, hardworking and has become an essential part of our growing business. I would have no hesitation in recommending her.

5
Jon H.
{

I recommend this person from my whole heart, she is very helpful, taking each person very personally there is no words which explain how much she helps me and how much it means to me. Thank you so much!

5
Maria P.
{

Dominika is professional but also friendly. She has made life so much easier for me and I would have no qualms in recommending her. I look forward to her visits, but she is always available in between via text or phone.

5
Debbie D
{

Dominika is amazing and very professional. She has a great knowledge and is extremely efficient. She has helped me so much with my son’s accounts and my Mum’s probate tax. I cannot recommend her enough.

5
Christina T.
{

Dominika’s professionalism and efficiency are exceptional, setting her apart from others in her field. Her wealth of knowledge has been invaluable in assisting me with setting up my self-employment and navigating tax matters during my move to the UK. I highly recommend her services without any hesitation.

5
Nolan G.

Book A Consultation for VAT Planning Today

At Quantum Bookkeeping, we take pride in delivering tailored accountancy solutions that meet the unique needs of your business, including seamless VAT return management. As long as you’re a registered company, we can handle your VAT returns, relieving you of the stress and ensuring timely completion.

Our experienced accountants are committed to providing top-notch service, ensuring that your VAT returns are managed efficiently whenever you need us. This allows you to concentrate on running your business without being burdened by financial concerns.

For more information about our VAT return services and tips on managing them effectively, book a free consultation with one of our experts at Quantum Bookkeeping in Brighton.

Get in touch with us

At Quantum Bookkeeping, our team has been proudly assisting clients in Brighton with VAT returns and offering valuable business advice along the way.

With years of experience in VAT return services, tax planning, self-assessments, and bookkeeping, we have refined our expertise, making us well-equipped to handle your self-assessment needs. Be sure to visit our blog for insightful topics like “End of Year Tax Planning Tips”.

If you’re based in Brighton or the surrounding areas, we’re here to manage your VAT return on your behalf—simply give us a call today. If you have any questions or concerns regarding issues raised by HMRC, we’re here to help. Additionally, we offer comprehensive payroll services and look forward to assisting you soon.

To find out more information regarding our VAT return services here at Quantum Bookkeeping, get in touch with our team today. We are always happy to help.

GET IN TOUCH