VAT is a complex area of the tax regime and there are a number of different schemes available that may be of benefit to your business.

You are obliged to register for VAT if your products or services are taxable supplies and your business has turned over more than £90,000 in the previous 12 months, or you expect your taxable supplies to go over £90,000 in the next 30 days alone.

However, if your business has turned over below this threshold, you may still be able to apply for voluntary registration and it may be beneficial for you to do so depending on your circumstances.

VAT registered businesses must now keep digital records and submit VAT returns using compliant HMRC approved software. We are QuickBooks Online Certified Advanced Trainers. For more information click QuickBooks

We provide the following services with respect to VAT:

  • VAT registration
  • Advising of the most appropriate VAT scheme for your business
  • Advising of the VAT status of your business and your taxable supplies
  • Online submissions to HMRC
  • Monthly or quarterly bookkeeping and preparation of VAT returns
  • Dealing with all HMRC enquiries, when required to do so

Other accountancy services.

Accounts Preperations

We prepare year-end statutory accounts for filing with regulatory bodies as well as management accounts to assist your business.

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Corporation Tax

We prepare corporation tax returns for Limited Companies and other unincorporated bodies. Get in touch today to see how we can help.

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Personal Tax Returns

We offer a prompt and economical service for individuals who are self-employed or otherwise required to submit a personal tax return.

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VAT Service

We can assist you with any aspect of VAT, whether its registering for VAT or filling VAT forms with HMRC, we have the skills to get the job done.

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Payroll

We can assist you with all your payroll obligations. We use the latest software that is fully compliant with HMRC and pensions auto enrolment.

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Start Ups & Business Plans

We can incorporate new Limited Companies and put together a detailed business plan with projected Profit & Loss and cash-flow statements.

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How can we help?

Office

Elite Accountants, 717 Green Lanes, London, N21 3RX

Contact

020 8360 7767
info@elite-accountants.com

Open Hours

Monday – Friday: 9am — 5pm
Saturday & Sunday: Closed

Companies we work with