VAT Accountants and Returns Services For Small Business
VAT has a complex set of rules and is often considered when it is too late.
As VAT accountants we can advise on:
The most appropriate scheme
Register or de-register for VAT
Complete VAT returns
Negotiate with HMRC to reduce an assessment
You're doing business in the UK, or intend to start
You may need to register for VAT, or you may be able to choose to register voluntarily, if you are doing any of the following kinds of business in the UK:
Supplying goods or services within the UK.
If your turnover of VAT taxable goods and services supplied within the UK for the previous 12 months is more than the current registration threshold of £85,000, or you expect it to go over that figure in the next 30 days alone, you must register for VAT. However, if your turnover has gone over the registration threshold temporarily then you may be able to apply for exception from registration see the section later in this guide for more information.
See the section in this guide on calculating your VAT taxable turnover.
Taking over a VAT-registered business from someone else.
You have to add your own VAT taxable turnover over the last 12 months (if any) to that of the business you're taking over. If the total goes over the registration threshold on the day of the takeover (currently £79,000), you'll have to register However, if your turnover has gone over the registration threshold temporarily then you may be able to apply for exception from registration see the section later in this guide for more information.
Receiving goods from other countries in the European Union (EU).
If you have received goods from other EU countries in the UK (these are known as acquisitions) with a total value greater than £85,000 in the current year since 1 January, or you expect to acquire more than that value in the next 30 days alone, you must register for VAT.
Supplying goods or services from the UK to other countries.
See the section in this guide on supplying goods or services from the UK to other countries.
Supplying goods or services to the UK from other countries.
See the section in this guide on supplying goods or services to the UK from other countries.
If you don't have a place of business in the UK or live here
If you have to register for one of the reasons described above, but you don't live in the UK or have a place of business here, then you must register as a Non-Established Taxable Person (NETP). You may also want to appoint a tax agent to keep VAT records and accounts on your behalf - that's up to you.
VAT accounting schemes: the basics
There are several alternative ways you can account for VAT. It is important to choose the most appropriate method as this can be benefical to your cashflow and reduce costs to the business.
Some of these VAT accounting schemes have been designed for specific trade sectors. Others have been designed to deal with more general business issues. Some of the schemes can be used together.
Listed below are each of the schemes with links to explain the schemes.
Links to these schemes can be found at
Our VAT Accounting services are offered in the Armagh, Craigavon and Portadown areas of Northern Ireland