VAT Return Service

At 4D Accounting & Tax, our team of VAT accountants can help you with everything from becoming VAT registered through to preparing and submitting your small business VAT returns to HMRC.

If you need VAT advice and guidance, we’re also here to support you. Whether you want to talk through the benefits and requirements for becoming VAT registered, the different VAT schemes available, or want to understand how VAT is applied to services or products in the UK and abroad, we can help.

Let us help remove the administrative burden and stress of filing your small business VAT returns so that they’re submitted on time every time.

How 4D Accounting & Tax helps client file VAT Return?

  • If you’re not currently VAT registered, we can look at the relevant VAT schemes your business is eligible for and then get your business VAT registered.
  • We’ll review your accounts, making sure everything is in order, and compute your figures. Where possible we’ll make recommendations to lower your VAT liability, then we’ll submit your VAT return electronically to HMRC.
  • We’ll also let you know the total VAT bill you owe, along with the relevant payment deadline.
  • As with other areas of tax, we can act on your behalf for any correspondence with HMRC – even if they request a VAT inspection.

What is a VAT return?

If you’re a VAT registered business, you are required to submit a VAT return to HMRC. In a nutshell, your VAT return will take the VAT you’ve charged on your invoices to customers and minus the VAT you can reclaim for your applicable business expenses.

Your VAT return is, therefore, a calculation of how much VAT you are required to pay or be reimbursed by HMRC.

Deadline for VAT returns?

The VAT return deadline is typically every quarter. The deadline for filing and payment is 1 month and 7 days after the end of each quarter.

Some businesses submit VAT returns and pay their VAT annually. If you are in this boat, your deadline is 2 months after the end of your VAT year. Do bear in mind that this can be different from your accounting year.

If you miss any deadlines or make any mistakes, it could result in a penalty being charged by HMRC as well as interest on any resulting late VAT payment. Naturally, we recommend you use our VAT return service to help stay on top of deadlines and ensure you pay the correct amount to HMRC.

Do I need to register for VAT?

There are two reasons to register for VAT, compulsory registration and voluntary registration.

  • Compulsory registration: if your company’s VAT taxable turnover is greater than £85,000 you must register for VAT by law
  • Voluntary registration: is available for your company if your turnover is below £85,000

There are a number of reasons you may wish to voluntary register for VAT, for example, you can reclaim VAT on qualifying purchases made by your businesses.
It also makes sense for some businesses to register for VAT in advance of meeting the threshold requirements. For example, if your projected taxable turnover will meet the £85,000 within the next 30 days, or if your company wants to set pricing and accounting processes factoring for VAT.

Why does our client choose our VAT services?

We’ve been supporting businesses just like yours, for over 15 years

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Our personal touch

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Simple bookkeeping software

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Unlimited expert advice

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Tax efficiency reviews

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All filing is included

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Have questions?

We would love to hear more about your particular needs.

Contact us today