VAT
Let Know Tax help take the hassle out of Value Added Tax, VAT.
Depending upon the type and volume of goods or services you sell, you may have to charge VAT.
If you are registered for VAT you may choose to make monthly, quarterly or annual VAT return submissions to HMRC.
As of the 1st April 2019 all VAT registered businesses with a turnover over £85,000 must submit their VAT returns under the new MTD (Making Tax Digital) rules.
As of the 1st April 2019 all VAT registered businesses with a turnover over £85,000 must submit their VAT returns under the new MTD (Making Tax Digital) rules.
Most VAT registered businesses will be required to upgrade their bookkeeping to an online system. The software must be MTD compliant. We work with several MTD compliant software programs and can help take the hassle out of submitting VAT returns.
If you want to know more about cloud bookkeeping solutions that are MTD compliant check out our Kashflow, Xero or Quickbooks pages and choose which one is right for you.
We are able to work with any book keeping software program and are not only limited to the ones we are accredited partners with,
to find out how we can help give us a call on 0330 043 1909.