VAT Accountants London

Dedicated VAT Accountants to Ensure VAT Compliance

VAT errors are often difficult to rectify. Hence, it is important to have a knowledgeable and reliable VAT Accountant who can manage every area of your business’s VAT obligations. Luckily, you have 123Financials certified accountants at your beck and call.

We have a proven track record in guiding across all aspects of VAT, including filing VAT returns, delivering VAT reports, minimising liabilities, identifying risks, Brexit, and capital goods schemes for different businesses in the UK.

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+44 20 3900 3500

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Vat Accountants

Dedicated VAT Accountants to Ensure VAT Compliance

VAT Accountants London

Get All Your Questions Answered Regarding VAT from Our VAT Return Accountants

VAT (Valued-added tax) in the UK is changing all the time, at a rate much faster than corporate tax. VAT is an indirect tax charged on the supply of consumer goods and services whenever a value is added at each phase of the supply chain, such as production, distribution, logistics, and ultimately, point of sale. If a company’s turnover is £85,000 or more, it must register for VAT.

The standard rate of VAT is 20% in the UK on most goods and services. A reduced 5% VAT is applied on specific products and services, like protective, health, energy-saving, and heating products. 0% VAT is applied to daily essentials, like food and newspaper.

123Financials VAT Accountants in London are fully aware of the evolving UK VAT landscape. And you will need someone like us who can assist you through all the changes and updates on the things that could affect your business. We will answer questions like how your VAT works when your returns are due, when payments need to be

What Do We Do?

We Have an Innate Desire for Entrepreneurial Success

Serve Individuals

We offer tax preparation and tax savings strategies for individual professionals.

Build Start-ups

Our fail-safe fiscal strategies help new entrants uncover hidden growth potentials.

Manage Big Firms

We are a full-finance stack, including comprehensive solutions that go beyond accounting.

Best Cloud Accounting

Where you go, whenever you go, have complete control over your financial information.

Discover More About 123Financials

VAT Sounds Simple, but it isn’t. Constant support from VAT accountants that draw expansive taxation and compliance experience in your industry can make a world of difference. For example, working with us, you get the following:

check Dedicated VAT accounting manager
check Our accountants speak plain English- no technical jargon
check Regulated by ICAEW
check Virtual accounting services
check Switch to 123Financials in 1-2-3 steps
check Sophisticated cloud-computing benefits
check Constant support via email, chat, video meeting, & phone
check Financial management advice on the fly
check Proactive accounting support

123Financials VAT Accounting Services

While the consumer pays the VAT, as a VAT registered business, you are liable for its collection. VAT is paid on claimed from HMRC by filing a VAT return. You pay or claim Net VAT i.e. VAT collected from customers less VAT paid to suppliers.

VAT is an indirect tax, but for small businesses, the Government has provided different options for tax reduction. We will look into these on your behalf and offer other services, such as;

task_alt VAT health check & registration
task_alt VAT auditing and evaluation
task_alt VAT for eCommerce sellers
task_alt VAT property
task_alt VAT groups
task_alt VAT enquiries with HMRC
task_alt VAT for international trade
task_alt Special schemes

VAT Accounting Services

A fixed-fee, low cost service for sole traders working as contractors or small-business.

From just £ 25 + VAT/Month

0203 900 3500

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VAT Accountants that Focus on Adding Value to Your Business

Besides being ICAEW approved, our team of VAT accountants in London has qualifications from top accounting bodies. Rest assured, we will be there at every step of your business, ensuring smooth and effective accounting. We follow a systematised approach to fulfil every requirement. We can expertly handle all VAT areas, including registering and deregistering businesses, offering advice on property VAT, such as VAT liability and domestic reverse charges, setting up VAT groups, and representing clients at the HMRC.

We also assist businesses on international trade VAT (EU), including customs procedures and warehousing, duty deferment accounts, and postponed import VAT accounting. We can also help you understand the complicated world of exports and imports and how your business can manage new law effects on your customers.

As you can see, UK VAT is more complicated than just buying a software application. However, when it comes to handling VAT obligations, our VAT accountants are known for their attention to detail, enabling them to avoid costly mistakes and deliver exceptional results quickly.

Why Are We Different?

UK’s Best Accounting Partners

We are connected to the industry’s leading digital accounting partners. Avail their benefits free of cost.

Online Accounting Services

Gain access to certified staff, CFOs, & real-time financial insights round-the-clock at your fingertips.

Manage Big Firms

We are a full-finance stack solution provider, including extended services that go beyond accounting.

Not Bound by Contracts

You have the freedom to leave us anytime you want. Although, we guarantee that wouldn’t happen.

Flexible Plans

Individuals

From £350 per year*

check Annual accounts
check Self assessment tax return
check Bookkeeping for 240 transactions
check Claimable expense guidance
check Basic HMRC dealing
check Basic Tax planning
check Basic Business support

Startups

£85 per month*

check Annual accounts
check Corporation tax return (CT600)
check Bookkeeping for 360 transactions
check Payroll- Director
check Tax Return- Director
check Confirmation statement
check Basic Tax planning
check Basic Business support

Established Businesses

From £149 per month*

check Annual accounts
check Corporation tax return (CT600)
check Bookkeeping for 360 transactions
check Payroll- two employees
check Tax Return- two Directors
check Confirmation statement
check Basic HMRC dealing
check Tax planning

*Prices are VAT exclusive.

30 Minute Free Consultation With Industry Specific Expert

Focus on running your business while we deliver its fuel.

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Vat Accountants London

Considering it is now mandatory for VAT registered businesses in the UK to maintain proper records and submit their returns online, is your business ready to go digital? Being digitally efficient will ensure your business is ahead of the game always.

TOur accounting software, Xero and QuickBooks, are accredited by HMRC and fully compliant for MTD (Making Tax Digital). From filing VAT returns digitally to receiving updates to continuous VAT advice, now everything is available at your fingertips.

As a Xero Gold Certified partner, we offer you a discounted subscription and full-service support. We also make switching accountants as easy as a phone call to us. You can read more about our services below.

Accounting Partners

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Quality Service

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