VAT Services in Dartford Kent
Professional VAT services
Valued Added Tax, or VAT, plays an important role in the health of the UK economy. If you are a sole trader or Limited Company in the Kent area with an annual turnover that exceeds £85,000 you are legally-obliged to register for VAT purposes. Smaller companies can also register for VAT, but this is optional, provided your income falls below this threshold. Any trader or business that is VAT-registered must not only charge it on a consistent basis, but must also keep an accurate account of your charges in your bookkeeping.
Here at Strachan & Co Chartered Accountants, I provide businesses across Kent with professional VAT services, freeing up valuable time and effort for them to concentrate on their growth as a company. These services can be provided as a standalone solution, or as part of a larger accounting package. Working from my Dartford office, I provide VAT services to clients as far afield as Bexley, Bexleyheath, Crayford, Gravesend, Greenhithe, Swanley, and beyond.
Professional VAT Services in dartford Kent
As your local, accessible chartered accountant, I have much to offer my clients across Kent. Here is a few of my more popular services…
Under current UK legislation, VAT payments incurred by your business can be offset against payments received. Knowing the rate of VAT that applies to your industry (either 20%, 5%, or 0%) is crucial when preparing your VAT returns. At Strachan & Co Chartered Accountants, I carefully process your invoices and receipts, ensuring all your VAT payments are accounted for.
VAT is applied by member states of the European Union, generally at their own base rate. The exception to this is EU companies that are also registered for VAT in the UK, in which case the UK rates will apply. If you trade extensively with EU businesses, you need my experience and expertise to keep track of these payments.
Accurate VAT Returns
Under current HMRC rules, VAT is paid at regular intervals throughout the year, either monthly, quarterly, or annually. Failure to provide regular VAT returns can result in financial penalties for your company. At Strachan & Co Chartered Accountants, I pride myself on the quality of my VAT returns, guaranteeing precision and transparency at all times.
Liaising with HMRC
As well as calculating your VAT returns, Strachan & Co Chartered Accountants also submits the relevant paperwork and payments to HMRC. I act as a single point of contact, using my extensive knowledge of the VAT system to field any queries. I keep accurate records of all correspondence to retain with your files.
Strachan & Co Chartered Accountants?
There are plenty of reasons to choose me for your VAT return needs across Kent. Here is just a few of them, based on feedback from my existing clients…