vat / corporation tax

It’s important to get VAT administration right. With four rates of VAT to apply and a variety of schemes to choose from, it can be a headache. Plus, of course, you have to make sure you comply with MTD (Making Tax Digital) record-keeping requirements and pay your bills on time. Having a professional accountant review the numbers can be a cost-effective exercise. We can make sure all legitimate claims are being made and also help you avoid penalties for non-compliance.

You will be automatically registered for Corporation Tax when you incorporate your limited company, but that’s just the start. We can help you make sure your business is prepared ahead of year end, that you pay what’s due by the deadline, and that you make things like capital asset purchases at the optimum time to minimise the tax burden, without negatively impacting the position of the company. Also, while HMRC have said MTD won’t be implemented for Corporation Tax before 2026, it should still be on your radar. We can help with that, too.