vat

Value Added Tax is one of the most complex areas of UK taxation and is subject to frequent changes in rules and procedures. For many businesses, staying compliant can be time-consuming and confusing. At AHN Accountants, we make VAT straightforward by managing your obligations efficiently and accurately, ensuring your returns are correct, submitted on time, and fully Making Tax Digital (MTD) compliant.

Any UK business that is not VAT exempt must register for VAT if its taxable turnover exceeds the HMRC threshold. For the 2025/26 tax year, this threshold is £90,000, calculated on a rolling 12-month basis. These rules apply to limited companies, partnerships, and sole traders.

VAT can be particularly challenging because different goods and services are treated differently. Some are standard rated, some zero-rated, and others exempt. Errors or missed deadlines can lead to penalties, interest, and unnecessary HMRC enquiries.

When we process your VAT returns, we review your business activities in detail. We calculate VAT charged on sales against VAT paid on expenses and purchases, reconcile the figures accurately, and submit your VAT return to HMRC on a monthly or quarterly basis. Where applicable, we also advise on VAT schemes available to businesses with turnover below £150,000.

Voluntary VAT registration may also be beneficial in certain circumstances. However, once registered, all VAT rules must be followed. With regulations constantly changing, professional support is essential to avoid costly mistakes.

By outsourcing your VAT responsibilities to AHN Accountants, you can focus on running your business while we ensure compliance, reduce VAT-related risks, and help you pay the correct amount of VAT at the right time. We also provide full support in dealing with HMRC, including handling queries, corrections, and VAT repayment issues.

We support both new and established businesses with VAT registration and all related HMRC paperwork.

Our VAT services include:

• VAT registration and deregistration
• Advice on voluntary VAT registration
• Assessment and selection of the most suitable VAT scheme, including:

– Standard VAT Accounting

– Cash Accounting Scheme

– Flat Rate Scheme (FRS)

– Annual Accounting Scheme

– VAT Margin Schemes

– Retail Schemes

– VAT Group Registration

– VAT Domestic Reverse Charge (Construction Industry)

• Preparation and submission of VAT returns (monthly or quarterly)
• Making Tax Digital compliance and software support
• VAT control, reconciliation, and record reviews
• Advice on VAT planning and administration
• Support with VAT refunds and repayments
• Assistance with HMRC VAT queries, inspections, and correspondence
• Ongoing monitoring to minimise future VAT issues and penalties

With AHN Accountants, you gain practical VAT support, clear advice, and the confidence that your VAT affairs are being handled correctly and professionally.