VAT is a tax you must charge to your customer when you hit a threshold limit of sale. It could be exempt, 0%, 5% or 20% depending on products or services you are selling. These are a few VAT Accounting Schemes. If you consult us before registering as VAT we suggest which VAT regime best suits you out of three available option depending on your circumstances.
Anglian Accountants make sure that you pay the right amount of tax while complying with the HMRC guidelines and meet the deadlines. Anglian Accountants are specialised in helping small, medium, contractors, sole traders, and landlords.
Whether you are starting your business or have been doing for a long time, we offer services including VAT Tax Registration, claiming refund, filing VAT returns. We will advise you in evaluate the available option of VAT accounting scheme and will help you to choose the best possible scheme for you.