CanFord
  • accounts@canfordaccountingservices.com

VAT RETURNS

VAT RETURNS

VAT RETURNS

Canford Accounting has been providing outsourced VAT services, We prepare monthly and quarterly VAT returns and working papers for your clients to review and for submission to HMRC using making tax digital (MTD) compatible software. Our accountants and tax specialists are fully trained in the UK VAT accounting framework, including the flat rate and standard rate schemes as well as cash and accruals-based systems. Ensuring compliance with VAT rules can be daunting, and penalties can be excessive if a deadline is missed, or incorrect information submitted to HMRC.

Our team of qualified accountants and tax specialists provide the VAT services your clients need, with our rates typically 50% less than the equivalent service in the UK. All services are delivered to the highest professional and quality standards your Practice expects. Many of our accountants and tax specialists trained and worked for Practices in the UK. We tailor our services to your specific requirements, you can commission work on an ad-hoc basis or using a dedicated, named accountant, who will work remotely as part of your team.

Our VAT services are completely flexible and can be scaled to meet your Practice growth plans or peaks of work. We can help your Practice update its workflows to ensure the smooth transmission of data to our accountants, which in turn ensures an effective turnaround of work. Our accountants and tax specialists have experience of all major tax and accounting software and making tax digital rules. We can access cloud-based tax and accounting software from our own secure servers. If you prefer, we can access your Practice server using secure remote login arrangements.

OUR VAT SERVICES INCLUDE:

  • Advice on the appropriate VAT scheme for your clients
  • VAT registration
  • Monthly bookkeeping to support preparation of VAT returns, including late claims.
  • Preparation of quarterly VAT returns.
  • Filing of monthly and quarterly VAT returns with HMRC using MTD compatible software
  • Advice on payments and refunds from HMRC.
  • VAT deregistration and filing of final VAT return.