{"id":435,"date":"2020-04-28T14:22:20","date_gmt":"2020-04-28T14:22:20","guid":{"rendered":"http:\/\/a1accountancy.co.uk\/?page_id=435"},"modified":"2020-05-01T08:34:49","modified_gmt":"2020-05-01T08:34:49","slug":"vat","status":"publish","type":"page","link":"https:\/\/a1accountancy.co.uk\/index.php\/vat\/","title":{"rendered":"VAT"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero&#8221; _builder_version=&#8221;4.4.3&#8243; background_color=&#8221;#fcd21d&#8221; background_image=&#8221;https:\/\/a1accountancy.co.uk\/wp-content\/uploads\/2020\/04\/circle-background-pattern.png&#8221; custom_padding=&#8221;40px|0px|40px|0px|false|false&#8221; animation_style=&#8221;zoom&#8221; animation_intensity_zoom=&#8221;4%&#8221;][et_pb_row _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;3%&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;Montserrat|700||on|||||&#8221; header_text_color=&#8221;#333333&#8243; header_font_size=&#8221;60px&#8221; header_line_height=&#8221;1.3em&#8221; custom_margin=&#8221;|||&#8221; animation_style=&#8221;fade&#8221; header_font_size_last_edited=&#8221;on|desktop&#8221; locked=&#8221;off&#8221; header_font_size_tablet=&#8221;48px&#8221; header_font_size_phone=&#8221;36px&#8221; hover_enabled=&#8221;0&#8243; header_text_align_last_edited=&#8221;on|phone&#8221; header_text_align_tablet=&#8221;center&#8221;]<\/p>\n<h1>VAT<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Case Study Text&#8221; _builder_version=&#8221;4.4.3&#8243; background_enable_color=&#8221;off&#8221; background_enable_image=&#8221;off&#8221; 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text_font_size_last_edited=&#8221;on|phone&#8221;]<\/p>\n<p>We will\u00a0will help you keep your VAT affairs in order, and make sure that you are collecting the correct amounts for each transaction and ensure that you make payments and file returns correctly and on time.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.4.3&#8243; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221;][et_pb_row _builder_version=&#8221;4.4.3&#8243; border_color_top=&#8221;#cccccc&#8221; custom_padding=&#8221;10px||10px||false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text _builder_version=&#8221;4.4.3&#8243; header_3_font=&#8221;|700|||||||&#8221; header_3_text_align=&#8221;center&#8221; header_3_text_color=&#8221;#fcd21d&#8221; header_3_font_size=&#8221;36px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; 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header_2_line_height=&#8221;1.2em&#8221; text_orientation=&#8221;center&#8221; max_width=&#8221;700px&#8221; module_alignment=&#8221;center&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;4%&#8221; header_2_font_size_tablet=&#8221;36px&#8221; header_2_font_size_phone=&#8221;30px&#8221; header_2_font_size_last_edited=&#8221;on|tablet&#8221;]<\/p>\n<h2>Why A1 Accountancy<\/h2>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Subtitle&#8221; _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;Montserrat||||&#8221; text_text_color=&#8221;#747d88&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;||||||||&#8221; text_orientation=&#8221;center&#8221; max_width=&#8221;700px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_delay=&#8221;100ms&#8221; animation_intensity_slide=&#8221;4%&#8221;]<\/p>\n<p>Our professionals are trained to look at the trends, the underlying issues and opportunities and they provide valuable business insights to the business.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; _builder_version=&#8221;3.25&#8243;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;Montserrat||||&#8221; text_text_color=&#8221;#747d88&#8243; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;1.8em&#8221; animation_style=&#8221;flip&#8221; animation_intensity_flip=&#8221;20%&#8221;]<\/p>\n<p>VAT has become complex and many businesses struggle to get a grip on what is and isn\u2019t allowable. Changes to VAT rules and procedures can cause major problems for your businesses.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;Montserrat||||&#8221; text_text_color=&#8221;#747d88&#8243; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;||||||||&#8221; header_4_font=&#8221;Montserrat|600|||||||&#8221; header_4_font_size=&#8221;22px&#8221; animation_style=&#8221;fade&#8221;]<\/p>\n<h4>We&#8217;re Experienced<\/h4>\n<p>Our VAT experts are experienced to deal with the complexities of VAT on behalf of the business.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;Montserrat||||&#8221; 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header_2_font_size=&#8221;42px&#8221; header_2_line_height=&#8221;1.2em&#8221; max_width=&#8221;700px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||10px||false|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;4%&#8221; locked=&#8221;off&#8221; header_2_font_size_tablet=&#8221;36px&#8221; header_2_font_size_phone=&#8221;30px&#8221; header_2_font_size_last_edited=&#8221;on|tablet&#8221; text_orientation=&#8221;center&#8221; header_2_text_align=&#8221;left&#8221;]<\/p>\n<h2>Filing VAT Returns<\/h2>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Subtitle&#8221; _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;Montserrat||||&#8221; text_text_color=&#8221;#747d88&#8243; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;1.8em&#8221; ul_line_height=&#8221;1.7em&#8221; header_font=&#8221;||||||||&#8221; max_width=&#8221;700px&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;||10px||false|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_delay=&#8221;100ms&#8221; animation_intensity_slide=&#8221;4%&#8221; locked=&#8221;off&#8221; ul_line_height_last_edited=&#8221;on|desktop&#8221; ul_font_size_tablet=&#8221;14px&#8221; ul_font_size_last_edited=&#8221;on|tablet&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<ul>\n<li>Collect your records for the tax period<\/li>\n<li>Establish the VAT due<\/li>\n<li>Fill the VAT return form<\/li>\n<li>Review the form to ensure the entries are correct<\/li>\n<li>Submit the form and make any necessary payment<\/li>\n<li>Reconcile the VAT return in your accounting system<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Subtitle&#8221; _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;Montserrat||||&#8221; text_text_color=&#8221;#747d88&#8243; text_font_size=&#8221;15px&#8221; text_line_height=&#8221;1.8em&#8221; ul_line_height=&#8221;1.9em&#8221; header_font=&#8221;||||||||&#8221; max_width=&#8221;700px&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|5%|20px||false|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_delay=&#8221;100ms&#8221; animation_intensity_slide=&#8221;4%&#8221; hover_enabled=&#8221;0&#8243; locked=&#8221;off&#8221;]<\/p>\n<p>For business who run a VAT registered business with a taxable turnover above the VAT registration threshold, you are required to keep digital VAT records and send returns using Making Tax Digital [MTD] compatible software.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0px|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/a1accountancy.co.uk\/wp-content\/uploads\/2020\/04\/accounting3-min.png&#8221; align_tablet=&#8221;center&#8221; align_phone=&#8221;&#8221; align_last_edited=&#8221;on|desktop&#8221; 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custom_margin=&#8221;||10px||false|false&#8221; animation_style=&#8221;fade&#8221; locked=&#8221;off&#8221; ul_line_height_tablet=&#8221;1.7em&#8221; ul_line_height_last_edited=&#8221;on|tablet&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<ul>\n<li>Advise on voluntary and compulsory registration<\/li>\n<li>Getting maximum benefit from the rules on de-registration<\/li>\n<li>Advice on how partial exemption can be availed<\/li>\n<li>Assisting in HMRC disputes<\/li>\n<li>Reducing VAT liabilities on one-off Projects<\/li>\n<li>Complete VAT Returns on your behalf<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.4.3&#8243; text_font=&#8221;Montserrat||||&#8221; text_text_color=&#8221;#747d88&#8243; text_font_size=&#8221;15px&#8221; text_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|8%|||false|false&#8221; animation_style=&#8221;flip&#8221; animation_intensity_flip=&#8221;20%&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<p>If your business needs help with VAT or if you have a VAT inspection or some kind of issue or dispute, please contact us and we can help you with that.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; 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