VAT accountants for businesses
Helping you navigate VAT complexities with our efficient VAT return services
Connect with us now for a customised quote!
How we can help you with VAT
Successfully navigating the complexities of VAT is essential for any business aiming to thrive. At JGTAX, we possess the expertise and commitment to manage VAT compliance effectively, ensuring that your organisation remains within legal boundaries while maximising efficiency.
Our dedicated team of VAT specialists focuses on creating personalised VAT solutions to keep your business compliant with HMRC regulations while optimising your tax efficiency. What sets us apart is our commitment to delivering exceptional value beyond mere compliance.
We collaborate closely with you to understand your business objectives, providing insightful advice that fosters growth and enhances profitability. Our VAT accounting services are designed to empower your business to succeed in a competitive landscape. Contact us today to discover how we can help you achieve your business aspirations.
VAT return services we provide
VAT health checks
We assess your current VAT position and identify potential areas for improvement.
VAT registration & deregistration
We are approved agents to help clients register VAT on their behalf, ensuring compliance with HMRC regulations.
Seamless VAT returns
Our team prepares and submits accurate and timely VAT returns, keeping you compliant and avoiding penalties.
VAT appeals and dispute resolution
Navigating VAT disputes? Our team is here to help you appeal assessments and resolve disagreements with HMRC.
Strategic VAT planning
We develop a customised VAT strategy to minimise your tax burden and optimise cash flow.
Pre and post-inspection support
We provide comprehensive support before and after VAT inspections, ensuring a smooth process.
Expert VAT advice tailored to you
Call us! 020 3289 1688. We’re available from 10 am to 6 pm, Monday to Friday. Or reach out to info@jgtax.co.uk.
Tax investigation support
At JGTAX, we recognise that dealing with HMRC investigations can be intimidating, particularly for startups and non-resident business owners. To alleviate these concerns, we provide thorough tax investigation support designed to safeguard your business against unforeseen expenses and legal complications.
Our experienced team is dedicated to guiding you throughout the investigation process, acting as a liaison with HMRC to ensure that your interests are adequately represented.
Who we support
Sole traders
Sole traders
Partnership businesses
Partnership businesses
Limited companies
Limited companies
Startup/
entrepreneur businesses
Startup/
entrepreneur businesses
International businesses with UK branches
International businesses with UK branches
Why choose us for your VAT returns and advice?
VAT specialists
Our team has in-depth knowledge of VAT regulations, ensuring expert guidance and accurate solutions.
Dedicated VAT accountant
You’ll receive personalised support from your own dedicated account manager, ready to answer your questions and meet your specific VAT needs.
Seamless communication
Our friendly accountants can answer your VAT questions and provide ongoing support throughout the year.
Compliance
Our comprehensive service ensures your business remains fully compliant with all VAT regulations.
Staying ahead of changes
We stay updated with the latest VAT legislation changes and provide timely advice to ensure your business remains compliant.
Industry-specific VAT advice
We understand different industries’ unique VAT challenges and tailor our advice accordingly.
Frequently Asked Questions
When should I register for VAT if my turnover exceeds £90,000?
Mandatory VAT registration is required when your turnover surpasses the VAT threshold, which is presently £90,000 annually. However, there is no need to be alarmed. Here is a succinct overview:
Compulsory registration: If your turnover exceeds the threshold or you believe you will exceed the threshold within a year, you must register for VAT. The year is a rolling year and not the tax year or calendar year.
Voluntary VAT registration: If you think it will benefit your business, you can register voluntarily for VAT, even if your turnover is below the threshold.
Flat rate scheme: Small businesses may want to consider the Flat rate scheme, which provides a simplified approach to VAT accounting.
Our tax experts can help you determine the optimal registration time and explore the options for your specific situation.
How do I reclaim VAT on international purchases?
Reclaiming the VAT paid on these purchases is often possible when importing goods or services from outside the UK. The process involves several key steps:
Import VAT: It is customary to pay Import VAT upon importing goods.
Customs declarations: Accurate customs declarations play a crucial role in the successful reclamation of VAT.
Our team of certified tax experts will guide you throughout this process, ensuring you receive the entitled VAT refund.
How do I handle VAT on goods exported outside the UK?
You can zero-rate the VAT on those sales when exporting goods outside the UK. This means that you do not charge VAT to your customers. Here are some key points to keep in mind:
Evidence of export: You must provide HMRC with proof of goods export, such as a bill of lading or commercial invoice.
Zero-rating: By zero-rating your exports, you can reclaim any VAT paid on supplies used for those exports.
Claiming refunds: If you have already paid VAT on goods you’re exporting, you may be eligible to claim a refund.
Our team of experts can assist you through the process and ensure you take advantage of the zero-rating benefits.
Accreditation
We are members of ICAEW and FCCA. This certification guarantees that we maintain the utmost ethical and professional standards.
