VAT Returns

VAT Returns – an essential part of doing business

VAT returns are an obligation for every entrepreneur registered as a VAT payer in the UK. Timely and correct filing of VAT returns is crucial to avoid financial penalties and problems with HMRC.

Nest Accountancy offers comprehensive assistance with VAT settlements:

VAT registration: We will help you determine if you need to register for VAT and guide you through the entire registration process.
Preparation of VAT returns: We will take care of collecting data, calculating the tax due and input tax, and completing and submitting VAT returns.
Representation before HMRC: In the event of a tax audit or inquiries from HMRC, we will represent your interests.
VAT advice: We will answer your questions and help you understand the rules of VAT settlement in the UK.

VAT returns giving you a headache? Let us help!

VAT returns can be complex and time-consuming. Don’t let them stress you out! Our team of VAT experts is here to assist you with all aspects of your VAT return, ensuring accuracy and compliance.

We offer:
– Comprehensive VAT return preparation and filing
– Assistance with VAT registration and deregistration
– Advice on VAT planning and optimization
– Representation in VAT disputes with tax authorities

Contact us today for a free consultation and let us take the hassle out of your VAT returns!

Benefits of outsourcing VAT settlements to Nest Accountancy

Saving time and money: By outsourcing VAT settlements to us, you gain time to run your business and avoid the costs associated with employing an accountant.

Minimizing the risk of errors: Our specialists have the knowledge and experience to ensure the accuracy of your VAT settlements.

Peace of mind: You can be sure that your VAT returns are filed on time and in accordance with the regulations.

Making Tax Digital for VAT

Since April 2019, most VAT-registered businesses in the UK have been required to use software to maintain VAT records and submit returns online as part of the Making Tax Digital (MTD) program.
Nest Accountancy will help you adapt to the requirements of MTD:

Choosing the right software: We will advise you on choosing MTD-compatible software that best suits your needs.
Transferring data to the new system: We will help you transfer data from your existing accounting system to MTD software.

Software training: We will provide training on how to use the selected software so you can keep VAT records yourself.
Technical support: In case of problems with MTD software, we provide technical assistance.

Nest Accountancy offers

Analysis of your VAT situation

We will thoroughly examine your transactions and advise on optimal VAT solutions to minimize your tax liabilities.

Full MTD service

We will help you implement Making Tax Digital, including software selection, data migration and training.

Ongoing monitoring of changes in regulations

You will be kept up to date with any changes in VAT regulations, which will allow you to avoid potential problems.

Support in solving VAT problems

We will help you with any difficulties with HMRC, e.g. correcting returns or appealing decisions.