VAT Returns

Coping with VAT Returns can provide significant stress on many small business'.

LBS provide professional help and support with your VAT Returns.

VAT Returns are completed each quarter, four times a year, or potentially monthly. These days all returns must be submitted digitally, now that we have MTD (Making Tax Digital) for VAT. At LBS our preferred software for submitting these to HMRC is Xero and acting as your agent we can ensure that all runs smoothly.

There are a number of VAT schemes and LBS can advise if there are alternatives that may be better for your business. Or, if you are already on a scheme other than the standard accrual scheme, we can monitor returns to ensure that the scheme you are on is in the best interest of you business.

By using LBS for your VAT Returns you can remove the hassle factor and let us do the hard work for you. We can also audit the return to help eliminate mistakes. This enables you to spend more time on the important parts of your business.

If problems do arise, using a professional will ensure that these are dealt with effectively and efficiently. It also helps to reduce the fear of a VAT inspection.

CONTACT US

For new and prospective clients LBS provide a FREE, no obligation meeting where I can discuss your bookkeeping needs in an informal manner. Call 07584 356950 to arrange a convenient time or click here if you’d prefer to send an email enquiry.