VAT is a complicated and often confusing area of business, often with many changing regulations and various rules. Currently, limited companies and sole traders with a taxable turnover of £85,000 per annum must register for VAT to comply with UK law, and failure to do so could result in fines.
If your turnover is approaching the VAT registration threshold, we arrange the registration quickly. We then check to see if VAT is reclaimable on purchases made prior to the registration date.
If you're looking for a friendly accountant with excellent business knowledge and a desire to add value to your business by providing a prompt and clear response to your queries, then give us a call on 0161 494 1074.