Accountancy

What is a VAT return?

If and only if your business is VAT-registered, you must submit a VAT return to HMRC on time either a monthly, quarterly or annually.

The process involves identifying the VAT charged on your sales and VAT you can reclaim on business expenses.

A completed VAT return will either show how much is owed to HMRC, or whether you are due a VAT refund.

Unless you can be sure you will always have the time and commitment to do this, we recommend saving yourself the worry and let us manage it for you.

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