VAT

CHARTERED
ACCOUNTANTS & TAX
ADVISORS
IN LONDON

The firm of Chartered Accountants in
London offering all accounting and tax
advisory services to small business.

VAT Services and advice in London for eCommerce businesses

Our Professional accountants in London specialize in advising our clients in VAT area particularly for eCommerce businesses. We provide the right tax planning and guide and assist our clients in right direction to save them unnecessary costs and grow their businesses.

What is Value Added Tax (VAT)?

VAT stands for value added tax. VAT is a tax incurred on some goods and services.

Amongst so many different VAT schemes which one should you pick and why? The choice doesn’t have to be difficult. We can help you decide which VAT scheme is best for you. We also provide you with excellent Value Added Tax Advice In London.

vat scheme

Which VAT Schemes to use?

Standard scheme

You charge your customers 20% VAT payable and reclaim VAT on your vatable expenses. You claim/pay the difference of tax amount on your sales invoices and purchase invoices to HMRC.

Flat Rate Scheme (FRS)

With a Flat Rate scheme, you charge your clients 20% VAT; however, pay HMRC a lower rate (varies for different industries). With FRS you cannot reclaim VAT on expenses except certain assets over £2,000.00.

Other VAT Schemes

VAT is a vast area where one can save tax using different schemes, for example Marginal Scheme and Schemes on Cash basis Vs Accrual basis etc. We also offer VAT Services and advice in London for eCommerce businesses.
Contact us now for advice on which scheme is the best for you.

When to register for VAT

You need to register for VAT when;

  • Your VAT taxable turnover is expected to be more than £85,000 in the next 30-day period.
  • Your VAT taxable turnover exceed more than £85,000 over the previous 12 months
  • You can also voluntary register for VAT. If your turnover is below £85,000.
  • Speak to one of our experts to check whether it would be any beneficial to register for VAT.
register for vat

When to register for VAT

You need to register for VAT when;

  • Your VAT taxable turnover is expected to be more than £85,000 in the next 30-day period.
  • Your VAT taxable turnover exceed more than £85,000 over the previous 12 months
  • You can also voluntary register for VAT. If your turnover is below £85,000.
  • Speak to one of our experts to check whether it would be any beneficial to register for VAT.
how we can help

How we can help you?

  • We provide the right advice on the VAT scheme which would be most suitable to your business
  • We apply for the VAT registration application
  • We complete VAT returns (monthly, quarterly or yearly)
  • We provide VAT tax planning
  • We assist you with VAT investigations.
  • We do all the performance checks whether you are exempt from VAT
  • We set your business up for Making Tax Digital with no extra cost
  • Unlike other accountants, we use latest digital methods to complete your VAT returns.

VAT on imports for ecommerce businesses

Being a UK VAT registered business you can account for import VAT in your VAT return however have to ensure you have an EORI number, we can help you get this, Contact us for further information.

VAT especially for e-commerce sellers is complicated. You have to constantly keep up to date with changes to legislation and ensure you follow the rules. Being accountants solely specializing in e-commerce, allows us to focus on such changes ensuring you meet the regulations and in the most tax efficient manner.

ecommerce businesses

VAT on imports for ecommerce businesses

Being a UK VAT registered business you can account for import VAT in your VAT return however have to ensure you have an EORI number, we can help you get this, Contact us for further information.

VAT especially for e-commerce sellers is complicated. You have to constantly keep up to date with changes to legislation and ensure you follow the rules. Being accountants solely specializing in e-commerce, allows us to focus on such changes ensuring you meet the regulations and in the most tax efficient manner.

Our Prices

Sole traders / Landlords

From

25/month
  • Free Registration
  • Dedicated Account Manager
  • Tax Planning throughout the year
  • Bookkeeping Service
  • Tax return to HMRC
  • Unlimited face to face meetings

Contractors

From

69/month
  • Freecompany formation
  • Dedicted Account Manager
  • Tax Planning throughout the year
  • Bookkeeping Service
  • Monthly Payroll & Submission of RTI
  • Filling Account to Companies House
  • Tax return (CT 600) to HMRC
  • Unlimited face to face meetings
  • Access to Software to raise invoices

Business

From

79/month
  • Freecompany formation
  • Dedicted Account Manager
  • Tax Planning throughout the year
  • Bookkeeping Service
  • Monthly Payroll & Submission of RTI
  • Filling Account to Companies House
  • Tax return (CT 600) to HMRC
  • Unlimited face to face meetings
  • Access to Software to raise invoices