Vat Returns

Mitchells Grievson can assist you with your vat. Whether you are regsitering for vat, completing your quarterly vat returns, submitting them online or having a HMRC vat investigation.

Registering for Vat

When registering for vat there are a few different types of vat schemes to consider. We will discuss these with you and decide which vat scheme would be best suited to your business. We will then fill in the appropriate forms on your behalf or alternatively we can now regsiter businesses for vat using the Revenues online facility. You will then receive a vat number, which must then be stated on all your sales invoices.

Vat returns

From there we can assist you in submitting the vat returns. There are usually due every 3 months (depending on the scheme chosen). There are a number of ways we can assist you:

• We can prepare your bookkeeping and prepare the vat return using all of the information we have.
• We can check a return you have prepared before it is submitted, giving you peace of mind.
• We can offer training in how to complete a vat return so that you can complete future vat returns yourself.

Online vat

If your turnover is more than £100,000 from the 1 April 2010 you will need to submit your vat returns online. We can offer this service to you and we will register your company with the Revenues online service if you have not already done so. We will then submit your vat returns online each quarter with your consent or alternatively we can show you how to do this yourself.

Vat investigations

Vat is becoming ever more complex and because of this it is easy to make mistakes. If you have a qualified accountant preparing your vat returns it gives you the peace of mind and it means that if an inspection was ever upon you, we could deal directly with the vat inspectors visit. This is an important feature of our vat service as it ensures you that everything is in order.