A VAT return is a document used to report the value-added tax (VAT) you’ve collected and paid to HM Revenue and Customs (HMRC). You need to file a VAT return regularly, typically on a quarterly basis. However, some businesses may have different filing frequencies. It’s crucial to understand your specific filing requirements to avoid penalties.

Our accountancy firm specialises in VAT return services, which means we can help you accurately calculate your VAT liability, ensure compliance with HMRC regulations, and submit your returns on time. We also provide guidance on VAT schemes, exemptions, and refunds, helping you make informed decisions to minimise your VAT liability.

To prepare your VAT return, you’ll need to provide sales invoices, purchase invoices, receipts, and records of all VAT transactions. Our experienced team will guide you through the process and help you organize your financial records efficiently, ensuring a smooth VAT return preparation.

Yes, Ludlow Painter can assist with VAT registration for your business if you meet the required thresholds. We will guide you through the registration process, help you choose the most suitable VAT scheme, and ensure you have the necessary documentation to comply with HMRC’s registration requirements.

Outsourcing VAT return services to our accountancy firm offers several advantages. You’ll save valuable time and resources, reduce the risk of errors, and ensure timely and accurate submissions. Additionally, our expertise in VAT regulations can help you identify cost-saving opportunities, ultimately optimizing your VAT compliance and financial efficiency.