VAT is one of the most complex and onerous tax regimes imposed on business – so complex that many businesses inadvertently overpay or underpay VAT. Missing VAT deadlines is very common among small businesses. Missing the deadline means only 2 things.
- Paying the penalty
- Being in HMRC’s bad books
Though paying the penalty is a pain, businesses can live with it. But no business can afford to be in HMRC’s bad books. It means more HMRC queries, constant communication and waste of time. No business owner ever wants to be in that position. If you want to avoid that and be in HMRC’s good books, you have come to the right place.
Moreover, the ever-widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever-growing demands of HM Revenue & Customs call for a trained professional eye to ensure that you do not fall foul of the regulations, and do not pay the Exchequer more than you need to.
We provide an efficient cost effective VAT service, which includes:
- Assistance with VAT registration
- Advice on VAT planning and administration
- Preparation and submission of VAT returns
At Mission Accountants, we assist small businesses, sole traders, partnerships, freelancers and contractors in getting through the tedious task of preparing and filing VAT returns. Apart from doing the VAT on your behalf, we also help you prepare for a detailed VAT audit, if needed.
We can also deal with HMRC on your behalf, every step of the way, right from filing papers and answering queries to making sure of meeting all the VAT deadlines.
Why trust Mission Accountants for handling your VAT
- We will meet your deadlines
- Always fixed prices and no nasty surprises
- Local firm based in London
Contact us now with your VAT requirements!