VAT Returns

Value Added Tax or VAT as it is more commonly known is a form of tax which is applied to certain goods, services and other taxable supplies that are bought and sold within the UK.

There are many rules relating to VAT within the UK, so it is important to work with an experienced VAT accountant, such as ourselves to ensure that you keep proper records and submit your VAT returns on time to HMRC.

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VAT Returns: what are the key considerations?

Whether you are a Limited Company or a Sole Trader it is a legal requirement to register for VAT if your taxable turnover exceeds £85,000 in a 12-month rolling period.

However, if your turnover is under £85,000 you can register voluntarily e.g., if you sell to other VAT-registered businesses and want to reclaim the VAT on your purchases.

What is Making Tax Digital (MTD)?

HMRC have brought in Making Tax Digital for VAT (MTD) which means you have to keep digital records and file online. We use Xero, as it is fully compliant with MTD.

VAT rules are complex and change regularly. We can help you get the VAT right and ensure the correct VAT is calculated.

The implications of miscalculating your tax can be very severe, often taking many years to resolve. Let us help you take the pain away.

Call us today to find out how we can help you with our dedicated MTD and VAT Returns service.

VAT returns

The government has introduced MTD to make it easier for people, and businesses to calculate their tax and to get it right first time. Their ultimate ambition is for the UK to have the most digitally advanced tax system in the world.

"Let us manage your VAT returns, so that you can focus on building your business." - Fernhill Accountants

Why choose Fernhill Accountants to manage your VAT returns?

We are experts in VAT and can ensure that you only pay what is due. We help owner managed and small businesses throughout the areas of Farnborough, Hampshire, Surrey and Berkshire.

Frees up your time
Peace of mind
VAT Returns securely filed with HMRC in a timely manner
Prevent you from receiving hefty fines and penalties
Xero is MTD compliant for VAT
Access to information 24/7
Paperless expense and receipt processing system
"We love helping our clients complete their VAT and tax returns on time, so that they can rest easy, knowing that everything is taken care of". - Fernhill Accountants.
Yes, she's very professional, she's extremely efficient, and she knows exactly what she's talking about. I am very happy.
"The best result I've had since working with Judy is that all of my monthly reports are always kept up to date, and I can just go and access them any time I need"


After working with Judy, I am extremely happy to see that, yes she's very professional, she's extremely efficient, and she knows exactly what she's talking about. I am very happy.
So, the best result I've had since working with Judy is that all of my monthly reports are always kept up to date, and I can just go and access them any time I need,
I can ask any questions, and I feel very confident that the answer I get is the correct one. I will be very happy to recommend Judy to any of my friends or family.
Nadia Schicchi, Pub Landlady and VAT returns client.

VAT returns client

We look forward to hearing from you!

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Call us on: 01252 409477 or

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