What Are VAT Returns?
A VAT return is a form submitted to HMRC that outlines the amount of VAT your business has charged on sales (output tax) and the VAT you have paid on purchases (input tax). The return calculates how much VAT is owed to HMRC or if you’re eligible for a VAT refund.
Businesses registered for VAT must file VAT returns regularly, typically every quarter, depending on their accounting scheme.
Our VAT return services are designed to ensure that your business remains compliant and that your VAT returns are filed accurately and on time.
Why VAT Return Services Matter
Filing VAT returns correctly and on time offers several key benefits for your business:
Avoid Penalties
Ensuring accurate and timely VAT returns helps your business avoid costly late filing penalties and interest charges.
Ensure Compliance
Stay compliant with VAT regulations, avoiding common errors and ensuring that your business is fully up to date with HMRC rules.
Maximise VAT Recovery
Claim all allowable input VAT on business expenses to minimise your VAT liability.
Peace of Mind
With professionals handling your VAT returns, you can focus on running your business, confident that your VAT obligations are in good hands.
At Viktoria Accounting, we manage your VAT returns with precision and care, ensuring compliance while maximizing efficiency.
Our VAT Return Services
We offer a full range of VAT return services to meet the needs of businesses of all sizes and industries:
Why Choose Viktoria Accounting for VAT Returns?
Expertise and Accuracy
Our team of VAT specialists has extensive experience in preparing and filing VAT returns across various industries, ensuring accuracy and compliance.
Time-Saving
We take the burden of VAT returns off your shoulders, giving you more time to focus on your business operations.
Tailored Service
We offer a personalised approach, tailoring our VAT return services to meet the specific needs of your business.
Digital Compliance
We ensure your VAT returns are fully compliant with the Making Tax Digital (MTD) requirements, using the latest accounting software to streamline the process.
Clear Communication
We explain VAT matters in simple terms, helping you understand your obligations and make informed decisions.
How it works
1. Initial Consultation
We start with a consultation to understand your business and VAT requirements.
2. Data Collection
We gather all relevant financial information, including sales invoices, purchase receipts, and other documents needed to prepare your VAT return.
3. VAT Return Preparation
Our team prepares your VAT return, ensuring accuracy and compliance with HMRC regulations.
4. Review and Submission
We review your VAT return with you for approval before submitting it electronically to HMRC.
5. Ongoing Support
We provide ongoing support and advice, ensuring that your business remains VAT compliant and that any issues are resolved promptly.
Let Viktoria Accounting Handle Your VAT Returns
VAT compliance doesn’t have to be a headache. With Viktoria Accounting’s expert VAT return services, you can ensure accurate filings, avoid penalties, and maximize your VAT recovery. Let us handle the details so you can focus on what matters most—growing your business.