Local VAT Accountant for Small Business
Take the confusion out of VAT
VAT doesn’t have to be complicated or stressful. As your local VAT accountant based in Aldershot and serving businesses across Hampshire and Surrey, I’ll guide you through the entire process – from deciding if registration is right for your business to handling your regular returns and keeping you fully compliant with HMRC’s requirements.
What is VAT Accounting Services
VAT (Value Added Tax) Accounting pertains to the recording, management, and reporting of VAT transactions that a business undertakes. In essence, it involves tracking the VAT collected from customers (output tax) and the VAT paid to suppliers (input tax). The difference between these amounts is what businesses either owe to or reclaim from the tax authorities. With varying VAT rates and complex regulations, VAT Accounting services ensure businesses accurately calculate and report their VAT obligations, while also identifying potential savings.
VAT returns are usually due every quarter, but the specific deadline can vary based on your VAT accounting period. It's essential to submit and pay any owed VAT by this deadline to avoid penalties.
Absolutely! We can guide you through the VAT registration process, ensuring all necessary documentation is completed and submitted.
If you've incurred VAT on legitimate business expenses, we can assist you in identifying and reclaiming it on your VAT return, reducing your overall VAT liability.
At present, businesses with a taxable turnover of over £90,000 in a 12-month rolling period must register for VAT. This includes both Limited Companies and Sole Traders.
Working Hours
Stop worrying about VAT and focus on your business
Let’s talk about how I can help make VAT manageable for your business.
What's included for your business?
- VAT registration advice and application
- Selection of the most appropriate VAT scheme
- VAT return preparation and submission
- Making Tax Digital-compliant software setup
- Regular reminders and check-ins before deadlines
- Support with VAT inspections if they arise
Why this matters for your local business?
- Confidence that you’re using the right VAT scheme for your situation
- No missed deadlines or unexpected penalties
- Full Making Tax Digital (MTD) compliance
- Potentially improved cash flow through optimal VAT management
- Clear, jargon-free explanations of VAT implications
- More time to focus on serving your customers