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 Keeping  your  books  in  balance... 

Octopus  Bookkeeping  Services

  Practice Licence No:14234

VAT Returns

If your business is registered for VAT then you must submit your VAT returns on time to avoid penalty charges. The VAT registration threshold is £79,000. However, you can register your business for VAT voluntarily even if your turnover isn't high enough. This is beneficial for businesses who sell zero rated items or provide zero rated services and buy standard rated goods. In this case they would receive VAT refund from HMRC  

If you would like us to help you with your VAT returns or VAT registration, please contact us via e-mail or telephone

[email protected]