If your turnover exceeds £85k for a 12 month rolling period, then you are required to register for VAT and charge VAT for your clients. (Certain industries, Goods and services are exempt - Please speak to our team for more information)
There are few types of VAT schemes and we can assist you with the best VAT scheme for your business. The main VAT schemes are:
The above schemes can work with VAT CAsh Scheme and VAT annual Scheme.
Choosing the right scheme could be confusing. Thats why we are here as experts to assist you.
We can help you to:
Making Tax Digital (MTD)
From April 19, companies are required to file the VAT returns under MTD regime.
As a cloud based accounting firm we are fully prepared to file your VAT returns under this scheme make sure you are fully compliant with the HMRC legislation.
Select the time when you're free to talk to us and we will call you back.
Praddy Financial Consultancy Ltd
Chartered Management Accountants
6 Jardine House
Harrovian Business Village
Harrow
HA1 3EX
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