VAT

Subject to changes in the Budget, you are reminded:-

1. VAT Bad Debt Relief can be claimed on debts which are six months or more old.
2. VAT Cash Accounting Scheme can be applied for turnovers less than £350,000.
3. VAT Fuel Scale Charge should be taken into account each quarter in relation to private fuel paid for by a Sole Trader, Partnership or Company for Partners, Employees or Directors.

Avoiding visits by the VAT man.
The VAT man in recent years has increased the level of intensity of their investigations - all the more important that you have an accountant who is successful in negotiations with them. We take best advantage of the relief's available and the interpretation of the regulations. This is an extremely important feature of the service provided as it ensures peace of mind for all our clients.

By letting us complete your VAT returns it ensures that it will be an accurate VAT return on your behalf.
It also stops any worry about a VAT control visit which are usually conducted within the first few years of trading and then once every few years..
So let us take the burden of your shoulders so that you can concentrate on other areas of the business other than VAT.
This will enable a greater efficiency of resources for your company which will lead to future company prosperity.