VAT

Method of Accounting

Depending on the size of your business you have the option to use a variety of methods to minimize the VAT you need to pay. We will consider the different ways in order to determine the best option for your business.

European VAT

VAT varies significantly across the EU and trading with specific countries can be a minefield. We are able to advise upon the correct VAT treatment when dealing with transactions in other EU countries.

Voluntary VAT Registration

Although you are legally obliged to register for VAT if your turnover exceeds £85,000 per annum, many businesses with turnover below this amount may actually save money by voluntarily registering early!