VAT & Making Tax Digital
Need help to beat the VATman?
Compliance with VAT is becoming ever more complex
Investigations from the VAT Man can be intense – all the more important that you have an accountant who is successful in negotiations with them.
We take best advantage of the reliefs available and the interpretation of the regulations. This is an extremely important feature of the service provided as it ensures peace of mind for all our clients.
We can help you with VAT in the following ways…
- Applying for and advice on VAT registration
- Advice on the VAT schemes suitable to your business
- Completion of VAT returns – either from your books or we can do the book-keeping for you.
- Dealing with VAT control visits
- Dealing with any contentious disputes that arise with HMRC
Making Tax Digital
Making Tax Digital (MTD) is a fundamental change to the administration of the UK tax system. It affects how businesses and other organisations, agents and individuals maintain their accounting and tax records and how they transact and communicate with HMRC.
MTD will therefore require businesses, other organisations and individuals to keep their records digitally.
MTD has two key elements, MTD for VAT and MTD for income tax self assessment (ITSA).
We can advise you of the steps you need to take to comply with Making Tax Digital. Please contact us for further details.
