Value Added Tax Returns

We can handle your VAT

VAT is charged at 17.5% and at 5% for certain items such as domestic fuel costs. You need to register before you can charge VAT to your customers.

If your turnover is £63,000 or more in any 12 month period, you are legally obliged to register. It may be beneficial to register anyway but this largely depends on the type of business you run. However, VAT registration will improve your business credibility.

The way our VAT service works

• If you are not already registered we will help you to register.
• Every three months we will contact you and ask you to supply us with your invoices, receipts, bank statements, etc.
• We then work out how much you have to pay or reclaim and we telephone you with this figure.
• If you agree, we will submit your form either by post or online.

Submitting online has the added benefit of quicker rebates if any are due and it also allows more time to submit your return.

We offer a fixed price scheme for processing VAT starting from just £125 +VAT for smaller businesses.

Please contact us for further details.
 

www.thebureaupayroll.co.uk · Copyright © 2006 The Bureau Payroll · Last updated: 04 August 2008

VAT returns - completion and submission