The prompt and accurate submission of VAT returns to HMRC is part and parcel of running a successful business. Send them in late or make a mistake and you could incur a hefty fine. Make the same mistake time after time, however, and you could be getting a visit from the taxman.
No matter the size or nature of your business, navigating the complexities of VAT can be difficult and extremely time consuming. It’s no wonder, therefore, that more and more companies are choosing to outsource the management of VAT, freeing up time that could be better spent on expanding or improving their businesses.
Why choose Phil Owen & Co.?
Before registering for VAT there are a number of questions any business should ask. Do I need to sign up? Should we sign up even if it’s not legally required? Which VAT scheme is best for us? Are digital submissions necessary?
A leading firm of Chartered accountants, we’ll answer all of these questions, liaising with HMRC to get you registered for VAT and helping you choose the most appropriate scheme before completing the returns on your behalf.
What’s more, we’re also able to submit your VAT return online, guaranteeing a prompt delivery and removing any chance of your return going missing whilst at the same time keeping you compliant with Making Tax Digital (MTD).
Interested? Why not request a free consultation? We’ll come to you or you can visit our Liverpool HQ. Kick-start the process by getting in touch today.