VAT is a consumption tax on goods and services that is levied at each point of the supply chain where value is added, from the initial production to point of sale.
Your business must register for VAT if your VAT taxable turnover exceeds the VAT threshold which was £85,000 before 1st April 2024 and is £90,000 after 1st April 2024.
In most cases, VAT Returns and accompanying payments must be made quarterly to HMRC. When starting and running a business, it’s important to understand the different taxes that may apply to you.
The completion of VAT Returns is one of the services we can provide as part of a tailored accountancy solution. Our team of accountants, supported by an ecosystem of accountancy software, can:
We will assist in determining if your business needs to be VAT registered.
We will process and submit VAT registration applications on behalf of the business.
We will identify and explain suitable VAT schemes that the business qualifies for.
We will accurately calculate, prepare, and submit VAT returns to HMRC
We will review your transactions to ensure the correct VAT is being charged and reclaimed.
We will ensure compliance with all HMRC regulations regarding VAT.
We will complete timely submission of your VAT returns to avoid penalties or fines.
Fill in your details and we’ll arrange a free, no-obligation call at a time that suits you. Whether you’re ready to switch accountants or just exploring your options, our team is here to help.
Get direct access to a qualified accountant who understands your business. Whether you need advice, answers to a tax question, or support with a business decision, we’re only a phone call, email or video meeting away.
As accredited partners of Xero and FreeAgent, we’ll help you choose the right platform, set everything up, migrate your data, and provide full training. Access your finances anytime, anywhere, with real-time visibility over your business performance.
We don’t just file your returns. We proactively review your business throughout the year to identify legitimate tax-saving opportunities and help ensure you’re not paying more tax than necessary.
When you have a question, you need a response quickly. Our team provides prompt, professional support so you can keep your business moving without unnecessary delays.
One simple monthly /weekly payment (service-dependent) covers the services you need, helping you budget with confidence and avoid unexpected accounting bills.
If you’re joining us from another accountant, we’ll handle the transfer process on your behalf, ensuring a smooth and stress-free transition.
You must register for VAT if your taxable turnover exceeds the current VAT threshold (£90,000 as of 2024/25). However, even if you’re below this threshold, voluntary registration can sometimes benefit your business. CloudAccountant.co.uk can help assess whether VAT registration is right for you and handle the entire process from start to finish.
Our VAT Returns service covers everything you need – from registration and setting up digital record-keeping to preparing and submitting your VAT returns in line with Making Tax Digital (MTD) rules. We also provide tailored advice on VAT schemes and ensure full HMRC compliance, helping you avoid penalties and stay on top of deadlines.
Yes. We’ll review your business model and cash flow to help you select the most efficient VAT scheme – whether that’s the Flat Rate Scheme, Cash Accounting, or Standard VAT Accounting. Our aim is to make VAT simpler and more cost-effective for your business.
Most businesses file VAT returns quarterly, but some submit monthly or annually, depending on their setup. At CloudAccountant.co.uk, we manage your filing schedule, send reminders, and ensure everything is submitted accurately and on time – so you never miss a deadline.
