We are experienced in preparing and submitting VAT returns for our clients. We work with the latest software ensuring all your information is included correctly on your return in line with Making Tax Digital.
This service is normally included as part of our bookkeeping package for VAT registered clients but can be provided as a standalone option should it be required.
The introduction of Making Tax Digital compliance in April 2019 has resulted in a huge shake up for the way VAT is managed by those businesses registered for VAT. There are new ways of filing the information to HMRC and a more stringent penalty regime to accompany the new regulations.
From 1st April 2019 the way VAT submissions are made now include the use of cloud software. Luckily for our clients we have grown Whyfield based on this way of working so the transfer to MTD has been unperturbed, but we recognise not everyone has had the same journey, so our cloud accounting experts are on hand to help you make this move.
Accurate VAT recording and submissions mean you will satisfy HMRC compliance and should you ever be selected for a VAT audit, having clear and well produced information will eliminate any concerns and answer any questions. Of course, all our fees incurred from an investigation will be covered by our Tax Fee Protection Insurance.
Getting your VAT return in order can be a burden on your time when you’re running your own business, but our experienced team can put you on the right track. By appointing Whyfield to handle your VAT return calculations and submissions you will have peace of mind and confidence in your figures.