Never be in doubt again
Value added tax (VAT) is difficult to fully grasp, even if you’re a tax professional, which is why many accounting firms specially recruit VAT experts. The tax puts huge burdens onto businesses that are effectively obliged to collect tax on the sale of goods on behalf of the Government. One mistake can cost them a substantial amount of cash.
With Benham & Williams, you can get back to business in the knowledge our VAT specialists are handling your affairs. As accountants for VAT, we can do your tax returns and get you onto the right VAT scheme with HMRC to potentially save you some cash down the line. The tax is so complex that it isn’t uncommon for HMRC to start asking questions about your accounts if something seems amiss. We prevent this with good, solid accounting practices.
Businesses must register for VAT if they have a turnover of £85,000 or more. After this, they must charge the tax on the products or services they sell and pay the money back to HMRC in their VAT return, which means they essentially collect the tax for the Treasury. If you need help registering your business for VAT, don’t hesitate to get in contact with us.
Seen enough? Give us a call
We’ll talk everything through, and discuss your situation with you from start to finish – there will be no surprises.
Other ways we can help
We’re great at bringing a range of services to those who need them most. If you pick up a phone and give us a call, we’ll be more than ready to talk to you about our services and all that we offer. We’ve been helping businesses and individuals see real value in what they do for years now.
Offering a comprehensive range of accounting services to encourage growth.
Looking after your own money is tricky. That’s where we can really help you out.
Keeping all your financial information in one place is a great time-saver.