VAT Returns

Value Added Tax is applied to most goods and services sold by VAT registered businesses. When VAT registered businesses are charged VAT on the goods and services they buy from other VAT registered businesses, this can in most cases be reclaimed.

VAT registration requires businesses to complete a VAT return (usually quarterly). The VAT return takes into account all of the VAT the business has invoiced from sales and all of the VAT the business expenditure on purchases and overheads. The difference between these figures is then paid to HMRC.

At SNT Accountancy we complete VAT returns on behalf of our clients for a low monthly fee. We provide regular reminders and proactively manage the process to ensure that our clients are never later with their returns.

If you would like additional information about our VAT services then please contact us.

SNT Accountants