Tax Savings
We make sure you are paying the right tax and identify appropriate tax deductions.
VATPut your VAT compliance in the hands of a specialist.
Managing every aspect of your VAT obligations can be a complex task, particularly for business owners and directors that don’t have a lot of time to spare. Our dedicated VAT accountants are here to ensure your company always stays compliant and up to date with evolving regulations.Why WW Consulting?
We get to know you: We’ll learn about your business and understand the industry it operates in, ensuring we always meet your expectations and deliver the best accountancy support possible.
If you’re just starting out, we can help you decide whether you need to be VAT registered from the outset or not. And we will continue to monitor your situation, so that should it become obligatory for you to register for VAT, we can deal with all of the paperwork for you.
In contrast, we will also monitor your position for when we think you are able to and would benefit from deregistering.
Whether a new or existing business we will also look at the VAT schemes you are eligible for and establish whether you would be better off adopting one or a mixture of them. Some VAT schemes can lead to tax savings and a reduction in bookkeeping responsibilities.
Who has to register for VAT?
Businesses including sole traders with an annual turnover of £85000 or more have o register for VAT with HMRC. Businesses can register themselves online or authorise their accountants to register on their behalf.
Making Tax Digital (MTD) for VAT
Since 1 April 2019, most VAT registered businesses earning over £85000 have had to sign up for Making Tax Digital (MTD). Gov.uk features a guide to approved software, and at WW Consulting we can help.
What is the VAT rate?
The standard rate of 20% applies to a very broad range of products and services. The tax applies to business purchases as well as consumer goods.
No more VAT stress
Accounts ir CT600 ataskaitų pateikimas Companies House ir HMRC. Detali buhalterio konsultacija apie jūsų verslą, pelningumą ir kt.
Digital VAT returns
Using a modern cloud accounting solution enables us to provide real time VAT advice and VAT assistance whenever you require it. We are also able to file your VAT returns digitally.