At Accountant Globe, our chartered accountants simplify the complexities of Value Added Tax (VAT) and offer complete support with HMRC registration and compliance. We manage everything from VAT advisory to processing and returns, ensuring seamless compliance and smooth dealings with HMRC.
We offer outsource and in-house VAT services, for small to medium sized businesses.
Contact Accountant Globe for accurate VAT compliance, timely filings, and expert support tailored to your business needs.
OUR VAT RETURN SERVICES
VAT Advisory
We assist you in determining the most suitable VAT scheme for your business and provide support with HMRC registration and ongoing communications with HMRC to ensure compliance and efficiency.
VAT Agent Registration
Accountant Globe is an HMRC-registered VAT agent, ensuring compliance with all regulations while managing VAT affairs, including the necessary registration as both an HMRC VAT agent and a client-specific VAT agent for each client we represent.
VAT Compliance and VAT Changes Support
Accountant Globe inform you of any VAT changes, and help you understand VAT obligations, while ensuring adherence to all relevant regulations and navigating complexities of VAT compliance.
VAT Return
Our VAT expert accountants offer comprehensive end-to-end VAT return services, managing everything from meticulous record-keeping to efficient VAT processing and timely submission of returns, ensuring your compliance and peace of mind.
Additionally, we provide VAT return review for prior periods for potential correction and refund.
Making Tax Digital (MTD)
Our team at Accountant Globe specialises in Making Tax Digital (MTD) services, offering expert guidance, tailored software solutions, and efficient VAT return and submissions to ensure seamless compliance and streamlined online processes.
Training Sessions
If you need in-house VAT processing and compliance, we can provide training to your internal team, empowering your business to take control.
How we do it?
We determine if your business needs VAT registration.
We help you choose the right VAT scheme.
We navigate complex VAT regulation with confidence for you.
We remind you when your VAT returns are due.
We carry your end-to-end VAT return process.
We get your approval, and submit your compliant VAT return to HMRC.
We deal with any inquiry by HMRC on your behalf.
Job done!
Why Choose
Us?
Expert VAT advisors and chartered accountants
Monthly, quarterly or annual VAT calculation and return
Switch Accountant services and support
Flexible outsource, in-house or hybrid model
Comprehensive services from advisory to record-keeping to VAT return
Expert at Making Tax Digital (MTD) process and system set-up
Tailored solution for Start-ups, Scale-ups and established businesses
Adaptable to software and technology needs
Frequently Asked Question and Answers
Your turnover exceeded the threshold in the last 12 months.
You anticipate exceeding the threshold in the next 30 days.
You are taking over a VAT-registered business.
You sell goods to UK customers from abroad exceeding the current threshold of £85,000.
Value Added Tax (VAT) is a tax on goods and services provided by VAT-registered businesses. While businesses with taxable turnover above £85,000 must register for VAT, smaller businesses can choose to register voluntarily if it’s more tax-efficient.
Some goods and services are considered VAT-exempt. For example, a Financial service providing loan and bank charges are exempt from VAT registration, even if their turnover exceeds the £85,000 threshold.
There are three main rates currently in the UK:
Standard Rate of 20%
Reduced Rate of 5%
Zero Rate of 0%
The VAT Flat Rate Scheme is a simplified method for small businesses to calculate and pay VAT, where they pay a fixed percentage of their VAT-inclusive turnover to HMRC instead of the standard input and output VAT calculations.
The VAT rates range from 4% to 16.5%, with a 1% first-year discount, and limited cost traders must use the 16.5% rate.
In the context of VAT, Making Tax Digital (MTD) is a UK initiative mandating VAT-registered businesses to maintain digital records and submit VAT returns online using approved software, enhancing accuracy and efficiency.
Accountant Globe can assist you in making your tax digital, offering software advice, setup, VAT return, and submissions through MTD.