Navigating the complexities of VAT can be a challenge for small business owners in the UK. At Nicholls Accountants, we offer expert VAT Returns services to ensure your business complies with HMRC regulations, while saving you time and reducing the risk of errors.

Our VAT Returns Services Include:

• VAT Registration: Assistance with VAT registration, ensuring your business is set up correctly with HMRC.
• VAT Return Preparation: We handle the preparation and submission of your VAT returns, ensuring accuracy in your calculations and timely submissions.
• MTD Compliance: We ensure your business complies with the Making Tax Digital (MTD) regulations, providing digital VAT returns submissions to HMRC.
• VAT Schemes Advice: Guidance on choosing the most appropriate VAT scheme for your business, including the Flat Rate Scheme, Cash Accounting, or Annual Accounting.
• Input & Output VAT Calculations: Accurate calculation of your VAT on sales and purchases, ensuring you pay the correct amount.
• VAT Reclaims: Assistance in reclaiming VAT on eligible business expenses.
• HMRC Representation: We handle communications with HMRC on your behalf, ensuring a smooth and stress-free process.
• VAT Planning & Advice: Proactive advice on VAT-efficient practices to help you minimize your tax burden.