Who provides the best VAT return scheme in the UK?
VAT Outsourcing:
Outsourcing UK VAT services reduces the administrative burden and enables you to focus more on core business activity.
Meru Accounting is the leading UK VAT returns consultant having a specialized accountant to look after your VAT returns. Our VAT experts can help you right from Monthly/ Quarterly VAT returns, VAT registration, and use of different VAT schemes we provide complete VAT solutions to our clients. We take care of your administrative task so you can work more on your core business activity.
UK VAT Return consultants, accountants, and advisors.
We provide UK VAT return services across different sectors and industries. Whether you are an individual or small business owner or mid/large scale business, we provide a customized solution to our clients specific to their requirements.
Our professionally qualified and experienced team prepares VAT returns online and ensures submission of all year VAT reporting documents on your behalf to the HMRC and adhering to making tax digital rules
We ensure you stay compliant with the HMRC rules with our Vat return services. Our services are the perfect package of accounting soft wares, tax experts, consultants, and advisors.
Know more about UK VAT returns
What is VAT?
VAT or Value added tax is a complex and time-consuming tax process levied on the business in the UK. It is indirect taxation by HMRC on sale of the goods and services. VAT registered businesses have to pay VAT on supplies of goods and services and claim credit for VAT paid on the purchase of goods and services of the business. The net difference of VAT results in either tax payable to HMRC or tax claim from HMRC reflected in the VAT return.
VAT Registration
Businesses having an annual turnover exceeding £85,000 must register to pay and add VAT on their purchase and sale of products and services and pay to HMRC via quarterly returns.
HMRC usually charges VAT at:
- 20% on goods and services.
- 5% applicable on health, energy, heating, and protective products and services.
- No VAT to products and services related to health, building, publishing, and kid’s clothing
What services do we provide for UK VAT returns?
We provide comprehensive VAT return consulting and advisory services at affordable rates. Our VAT services include:
- VAT registration.
- Preparation and filing of VAT return with HMRC.
- VAT planning and administration.
- MTD for VAT.
- Liaising with HMRC authorities on your behalf.
- VAT compliances.
- Margin Scheme.
- Completion of ECSL.
- Preparation of VAT reports.
Meru Accounting making business ready for digital VAT tax.
MTD or Making Tax Digital move is changing the way UK business file their VAT returns. It is now compulsory for VAT registered businesses to maintain records and submit their returns online.
Meru Accounting experts are well versed with globally approved and used accounting software XERO, QuickBooks, MYOB, and many more. We are fully accredited and compliant with MTD.
We assist you in filing your VAT return digitally and provide consulting and assistance wherever required.
Explore our UK VAT outsourcing services
Book a no-obligation consultation now