Skip to main content

Starting a new UK business? Ask about our startup accounting package.Find out more

Service

VAT returns on a quarterly rhythm you can rely on.

Registration, scheme selection and Making Tax Digital submissions, with the underlying records reconciled first so the numbers stand up to scrutiny.

  • Making Tax Digital submissions
  • Scheme suitability reviewed
  • Reconciled before filing

Overview

Illustration of a VAT return checklist beside a quarterly calendar

Getting VAT right, quarter after quarter

VAT is unforgiving of loose record keeping. A return that is filed from unreconciled data may be accepted without complaint and still be wrong, and errors tend to compound quietly until something forces a review.

We work the other way round: reconcile the records first, check the treatment of anything unusual, then file. It takes slightly longer each quarter and saves a great deal of time later.

What you get

What is included

Everything from deciding whether to register through to the quarterly routine.

  • Registration support

    We check whether registration is required or worthwhile, then handle the application and the effective date.

  • Scheme review

    Standard, cash, annual and flat rate schemes each suit different businesses. We model the options against your figures before recommending one.

  • Quarterly reconciliation

    Sales and purchases are reconciled to your bank and to your records before the return is prepared, not afterwards.

  • Making Tax Digital filing

    Returns are submitted through compatible software, keeping the digital links HMRC requires intact.

  • Deadline and payment reminders

    You know what is due and when, with enough notice to move money before the payment date.

More detail

The treatments that most often go wrong

Most VAT errors we see are not deliberate. They come from applying a general rule to a transaction that has its own treatment.

  • Entertaining costs, where input VAT is generally blocked
  • Vehicles and fuel used partly for private journeys
  • Purchases from suppliers outside the UK, where the tax may need to be accounted for by you
  • Sales that are zero-rated or exempt being treated as standard-rated, or the reverse
  • Deposits and stage payments recorded in the wrong period
  • Bad debts, where relief is available only once specific conditions are met

If something has gone wrong

Errors found in earlier returns can usually be corrected, either on a later return or by notifying HMRC separately, depending on the size and nature of the error. Correcting an error voluntarily is almost always a better position than waiting for it to be discovered.

If you think a previous return may be wrong, tell us. We will work out what the correct position is and the appropriate way to put it right.

Process

The quarterly routine

The same sequence every quarter, so you always know where things stand.

  1. Step 01: Records in

    Bookkeeping is brought up to date shortly after the quarter ends.

  2. Step 02: Reconciled

    Sales, purchases and bank balances are agreed and anything unusual is queried.

  3. Step 03: Return reviewed

    You see the figure due, and the reason for any significant change from last quarter.

  4. Step 04: Submitted

    The return is filed and you receive confirmation plus the payment deadline.

Questions

Common questions

If something is not covered here, ask us directly and we will give you a straight answer.

It depends who your customers are. If they are VAT-registered businesses, registering allows you to reclaim VAT on your costs without making yourself more expensive to them. If you sell mainly to the public, registration usually increases your prices or reduces your margin, so the case is much weaker.

Approaching the VAT threshold?

The useful time to plan is before you cross it. Get an indicative figure that includes quarterly VAT work.