In today’s global market, the obligation to ensure VAT compliance in a constantly evolving and complex legislative environment – is the biggest challenge facing businesses everywhere.
Value Added Tax (VAT)
Companies are legally obliged to report their activity to HMRC, particularly in the UK, but with rules changing and varying every day, it’s often difficult to see how VAT should be treated; and even harder to achieve compliance while managing VAT costs efficiently.
If your business is making a VAT taxable supply, you will be required to file periodic VAT returns and adhere to all the VAT legislation. The complete VAT formalities and compliances are given on HMRC website at https://www.gov.uk/topic/business-tax/vat
Value Added Tax (VAT)
Value Added T
Value Added Tax (VAT)
VAAAS can manage your VAT returns without any hassles to you. Our account managers will work with you to implement a seamless process within your business to obtain the information required prior each VAT return filing, our consultants will provide guidance and advice to ensure you are compliant with the tax laws – including sales and purchase invoices, export documents and VAT rates.
Once you are VAT registered, which we will help you in, you will need to charge the appropriate VAT rate to your clients, and pay this over to HMRC. Things to consider include:
“No area of financial legislation is as complex as VAT. Fortunately, the VAT department at VAAAS has an enviable reputation for its ability to break things down into simple language. No matter how complex the problem, our experienced VAT planning team can help.”
