VAT returns for limited companies

Registration is compulsory once your VAT-taxable turnover exceeds £90,000 in any rolling 12-month period (or you expect to breach it within 30 days). Below that, voluntary registration is often worthwhile for companies selling to other VAT-registered businesses, because you can reclaim the VAT on your own costs. We’ll tell you which side of that line makes sense for you.

All VAT-registered businesses must keep digital records and file returns through MTD-compatible software — no more typing figures into the HMRC portal. If you’re not set up, we’ll get compatible software running and linked to your bookkeeping so returns are a click, not a chore.

More on Making Tax Digital for VAT →

• Standard accounting — VAT on invoices issued and received; suits most companies
• Flat Rate Scheme — a fixed percentage of turnover; can simplify things for some small companies
• Cash Accounting — account for VAT when paid, not when invoiced; helps cash flow
• Annual Accounting — one return a year with instalments; less frequent filing

1. Register your company for VAT and choose the best scheme
2. Set up MTD-compatible software linked to your records
3. Prepare each quarterly return from your bookkeeping and confirm the figure
4. File with HMRC on time and remind you of the payment date

Pairing VAT with our bookkeeping keeps every return accurate and effortless. Call 0114 327 1480.

Add bookkeeping to your VAT →