VAT Accountants

VAT Accountants in Northern Ireland and UK

Whether you are just starting out, or have been in business for a long time, our team of VAT accountants can help you meet your VAT responsibilities.

What is VAT (Value Added Tax)?

VAT is a form of consumption tax –a tax which is applied to the purchase of goods or services and other taxable supplies. For a business, VAT plays an important role and can be charged on a range of your goods and services. VAT in the UK is typically:

• 20% on goods and services

• 5% is applied to some health, energy, heating, and protective products and services.

• 0% is applied to a range of products and services to do with health, building, publishing, and kids’ clothing.

If your business turnover is more than £85,000 you are legally required to register for VAT – Our expert team of VAT accountants will ensure that you or your company is both registered and de-registered for VAT for both obligatory legal reasons and commercial profitability when required to be. They will complete your quarterly VAT returns, whilst assessing whether you are claiming VAT through the most cost-effective scheme possible.