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The Ins and Outs of VAT

Tax Agility pride ourselves on being experts in the field of chartered accountancy, and specialists in advising and guiding start-up companies in the world of business.

VAT services

Whether you have a start-up company or a well-established business, meeting your VAT responsibilities are important. Dealing with VAT can sometimes be difficult, and its confusing nature can often lead to over- or underpayment, thereby creating unnecessary problems for you and your business. This is where Tax Agility comes in. We offer a range of VAT services that can help make life easier for you.

Such services include:

  • Advice on the best VAT strategy for your business
  • VAT registration assistance
  • Assistance with the preparation of quarterly returns
  • Providing VAT advice for complex financial transactions
  • Investigation of VAT assessments
  • VAT control and reconciliation

By offering these services, Tax Agility can provide a thorough and detailed assessment to ensure that you are dealing with the VAT laws correctly, as well as giving you some piece of mind regarding ways in which to guarantee the maximum savings for your business.

The VAT Flat Rate Scheme

As a small business owner, or the head of a start-up, getting your head around VAT can be confusing. After assessing your situation, we can offer step-by-step advice to help you decide when you need to be registered and which schemes can most benefit you. One scheme available to small businesses is the VAT Flat Rate Scheme. This scheme greatly simplifies the VAT accounting process, which allows small business owners to focus on the more important day-to-day running of their companies, instead of dealing with time consuming, complicated VAT forms. This scheme also has many other advantages, most notably the fact that you do not need to make a note of the VAT charged on every sale/purchase, and that there are fewer complicated rules involved in the process, all which helps to simplify those VAT forms and reduce the chances of mistakes.

And to make things even easier for you, we can handle all your paperwork and interact with the HMRC on your behalf.

Contact us

Our range of professional advice regarding the ins and outs of VAT means that we can find a solution for you quickly and easily. Contact us on 020 8780 2349 to speak to Tax Agility account and to find out the best ways to manage your VAT.