VAT Returns
VAT-registered businesses charge VAT when they sell to another business or to a customer, and it is also charged on goods imported from outside the UK. There are three main VAT rates depending on the goods or services provided: standard (20%), reduced (5%) and zero.
Not Covered by VAT
- Some medical services
- Providing credit
- Training and education
- Insurance services
- Charity fundraising events
We prepare monthly, quarterly and annual VAT returns on behalf of our clients and submit them online to HMRC, ensuring every deadline is met and no penalties are incurred.