VAT Services

VAT Advice and Support
for Small Businesses

VAT Services

VAT Advice and Support for Small Businesses

Whether your business is looking to register for VAT, or you are looking for VAT advice for an existing registered company, Direct Peak can support you. VAT can be a very complex matter for businesses and a worry with potential penalties for late registration, late returns and late payments. Our VAT services can be tailored to your needs and can be anything from general VAT advice to completing your quarterly VAT returns and submitting to HMRC.

Small Business VAT Service

If you run a business with an annual turnover in excess of the VAT registration threshold – £85,000 in 2019/20 – you’ll need to register for VAT with HMRC. As a VAT-registered business you will be required to prepare returns, usually quarterly, and maintain a VAT leger with your accounting system.

For a small business whose turnover has grown to £85,000 per annum or above, fulfilling your VAT requirements can be daunting and time consuming. Our small business VAT service includes everything you and your business needs to get up and running quickly and with confidence. Our VAT services include:

Get your VAT right from the start.
Contact us for a free quote.

giving-vat-advice

General
VAT Advice

We can advise you on whether it’s compulsory for your business to be VAT registered or whether it’s worth registering voluntarily even if your turnover is below the registration threshold. If you are registering for VAT we can advise on the best approach to VAT, such as cash accounting, flat rate or margin schemes and we can also register your business for you.

VAT-returns-for-small-business

Completing and
Submitting VAT Returns

At the end of each VAT quarter, once all your bookkeeping tasks are completed and the accounts have been reconciled, we will make sure you have claimed VAT on all eligible purchases. We will also check and amend any incorrect claims and make sure you have proper VAT invoices as part of your accounting records. We will then prepare the VAT return for your approval and once signed off, submit your returns to HMRC.

vat-for-eu-sales

Completing and
Submitting EU sales for VAT

If you’re a VAT-registered business in the UK that supplies goods and services to VAT-registered customers in an EU country, you must tell HMRC about those supplies via an EC Sales List.

making-tax-digital-for-vat

Making Tax
Digital for VAT

At the end of each VAT quarter, once all your bookkeeping tasks are completed and the accounts have been reconciled, we will make sure you have claimed VAT on all eligible purchases. We will also check and amend any incorrect claims and make sure you have proper VAT invoices as part of your accounting records. We will then prepare the VAT return for your approval and once signed off, submit your returns to HMRC.

using-our-vat-services

The benefits of using
our VAT services

Direct Peak will make sure your VAT accounts and claims are rigorous and will hold up to scrutiny by HMRC if you should receive an audit. If HMRC has any queries about your VAT returns that we have put together for you, we will support you in dealing with them and explain each decision with notes and evidence.

VAT services to suit your

business needs

Our small business VAT services are tailored to the requirements of your business. There are no extra charges for queries by phone or email, so if something is worrying you, please pick up the phone and call. Our packages can include regular face to face meetings or simple skype catchups, it all depends on the complexity and accountancy support your business requires..

Call us now on 01778 481044 to discuss your requirements or fill out the callback form opposite and we will call you at a convenient time.

Looking to streamline your accounting processes? Book a call on a day and time that suits you: