VAT Returns & Bookkeeping
It is important that a VAT registered business keeps good and accurate records and has the appropriate digital accounting system to allow VAT returns to be submitted to HMRC under the Making Tax Digital (MTD) regime. However you may not like the thought of having to maintain your own books.
We can help by inputting your data into a Cloud Based Bookkeeping package (Xero is a favourite) which has the benefit of linking to your bank account (including Paypal) and allowing invoices to be sent out to customers, which can be linked to payment providers (such as Stripe etc) . This allows your data to be captured efficiently and it is easier for us to then do the technical bit with regard to bank reconciliation etc.
We can also undertake any partial exemption calculations (if necessary), calculate your VAT liability (or repayment) and can submit the VAT return to HMRC on your behalf.
The amount of work you need from us will vary depending on how much work you want to put in yourself so we always like to have an initial chat with you to ensure we can providing the right level of support.
