Your own accredited accountant
All returns and filing included
Unlimited help and advice
Leading cloud accounting software
Real-Time Bookkeeping
Reminders – never miss a deadline
We understand that VAT often seems like a burden; the statement of being an “unpaid tax collector” is frequently heard. Although the government have tried to lessen the burden on small businesses it still remains that calculating it correctly and delivering the VAT Returns on time takes you a considerable amount of time.
We work with clients to help them prepare and submit their VAT Returns, and this can be in conjunction with the book-keeping service.
Accounting Wise can also help you choose the right VAT scheme for your small business – this decision alone could substantially improve your cash flow and potentially save hundreds of pounds in the amount actually paid to HMRC.
Get started with the right accounting service
Get started with the right accounting solution for your business
If your small business’s turnover is more than the VAT threshold then you may have to register for VAT. If this is the case then you will have to complete and submit a VAT return to HMRC, usually each quarter.
However, even if you are not required to register it can sometimes be beneficial to register voluntarily. Deciding whether you have to or should register can be confusing but don’t worry, help is at hand. We can talk this through with you and ensure that you receive the best advice possible based on your circumstances.
The VAT return can be relatively simplistic or can be very complex depending on your small business. Additionally, VAT offers various schemes that you can take advantage of. Therefore, we would recommend outsourcing the completion of your VAT returns and obtaining advice about VAT from professionals.
Some of the benefits of using Accounting Wise to mange and submit your VAT return are:
Peace of mind
By using professionals you know that your calculation and VAT return will be correct and accurate.
VAT Return Investigations
You are less likely to be investigated by HMRC if you use an adviser, as HMRC have ways of knowing if figures submitted on a return are likely to be incorrect. This is a common trigger for a tax investigation.
Save Time
In most cases it will take you a lot longer to complete your VAT return than it would for an adviser. This time could be better spent running your business.
Claiming everything you’re entitled to claim
It is a very rare occasion that we take on a new client and are not able to find areas to reduce their VAT bill. This is usually in the form of being on the wrong VAT scheme. Most business owners are not aware of all the different types of VAT Schemes that there are and what one best suits their business.
Get started with the right small business accounting solution
Our online accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm, and a HMRC registered Agent.
Get started with the right accounting solution for your business
1 Choose Your Package
Choose from our pre-built packages or customise your own to see exactly what services you need and how much you’ll pay each month. We make it easy to find the perfect fit for your business!
2 Sign up with Us
After selecting your preferred level of service, simply provide a few additional details to register with us through our easy sign-up form or by giving us a call. It’s that simple to get started!
3 You’re ready to go
That is it, we will begin to set your services up for you, contact you previous accountant if required, and begin the authorisation process with the HMRC
Everything you need in one place
All official documents provided
Online Hub to manage your company
London Registered office Address
Your own incorporated limited company
Get started with the right accounting solution for your business
