VAT

VAT Services and advice in London for eCommerce businesses

Our Professional accountants in London specialize in advising our clients in VAT area particularly for eCommerce businesses. We provide the right tax planning and guide and assist our clients in right direction to save them unnecessary costs and grow their businesses.

What is Value Added Tax (VAT)?

VAT stands for value added tax. VAT is a tax incurred on some goods and services.

Amongst so many different VAT schemes which one should you pick and why? The choice doesn’t have to be difficult. We can help you decide which VAT scheme is best for you. We also provide you with excellent Value Added Tax Advice In London.

Which VAT Schemes to use?

Standard scheme

You charge your customers 20% VAT payable and reclaim VAT on your vatable expenses. You claim/pay the difference of tax amount on your sales invoices and purchase invoices to HMRC.

Flat Rate Scheme (FRS)

With a Flat Rate scheme, you charge your clients 20% VAT; however, pay HMRC a lower rate (varies for different industries). With FRS you cannot reclaim VAT on expenses except certain assets over £2,000.00.

Other VAT Schemes

VAT is a vast area where one can save tax using different schemes, for example Marginal Scheme and Schemes on Cash basis Vs Accrual basis etc. We also offer VAT Services and advice in London for eCommerce businesses.
Contact us now for advice on which scheme is the best for you.

How we can help you?

• We provide the right advice on the VAT scheme which would be most suitable to your business
• We apply for the VAT registration application
• We complete VAT returns (monthly, quarterly or yearly)
• We provide VAT tax planning
• We assist you with VAT investigations.
• We do all the performance checks whether you are exempt from VAT
• We set your business up for Making Tax Digital with no extra cost
• Unlike other accountants, we use latest digital methods to complete your VAT returns.