Vat Returns

The new dictate is for all VAT returns to be done online or moved online in the next year or so. Consequently we may use established methods to determine the VAT liability - from bookkeeping records from clients or inhouse - but as experts, we are already part the way prepared to make the transition for our clients to go online, smoothly efficiently.

There are disadvantages and advantages to submitting these returns online, - payment of the liability has to be by electronic means (so you have to have cleared funds to be able to pay the VAT man) - you get up an extra 7 days to make the payment - you have to be set up for telephone/internet banking so you're not spending valuable time standing in the queue in the bank.

Whatever your VAT query or concern, we will do our utmost to help but we are not inexhaustible experts and please remember, VAT is a specialised subject all on its own!