Following on from the preparation of the above accounting records we can prepare the required VAT returns for submission to HM Customs & Excise.

We can also advise on the possible benefits of using one of the small business schemes such as:

• Flat Rate Scheme
• Cash Accounting
• Annual Accounting

With the impending review of taxation for small businesses and the forthcoming merger of the Inland Revenue and Customs & Excise, we will keep you fully informed and aware of the impact these changes may have on your business.

We will advise you on the most tax efficient and least burdensome method of accounting for VAT.