VAT Returns
Prepare accounts and tax returns
Working with you
Not only will our accountants and tax advisors explore the most beneficial VAT scheme for your business but we can also look after your VAT returns.
VAT can be a complex subject if you are not familiar with it already and extremely time-consuming, something that a business owner sometimes frankly doesn’t have time for. Outsource your VAT returns to Sinclair Day and massively free up your time that is needed for other aspects of your business.
We will calculate how much tax you must pay to HMRC as well as the amount of tax you can claim back on your business purchases. Feel confident in knowing that your company finance is well looked after and trading with a legitimate financial structure.
Get in touch with our VAT returns accountants and tax advisors to see how we can support your business.
Additional services
We are experts in what we do and are able to offer a wide range of services to create the perfect package for your business and your budget.
Accountancy Services
Any business that buys and sells products or services needs accurate financial records – the process of accountancy. This transaction trail determines profit and loss, and the state of business operation.
Bookkeeping
Whether you’re running your own business or lack accounting resources within your company, outsourcing your book-keeping can save you a significant amount of your time.
Cash Flow Forecasting
Our services include financial forecasting to plan for the future, information to support a loan application or to understand why you’re experiencing cash flow shortages.
Payroll
Payroll can be a real hassle for any company, regardless of size. We will implement software and processes which means you can focus on growing your business.
Company Creation
A good business idea needs a great business plan with useful financial information, business goals and a strategy to make the idea a reality.
Xccelerate Programme
Unlock your potential with our Xccelerate business planning programme.
Frequently asked questions.
Here are some of the most common questions we’re asked. Can’t find what you need? Get in touch, we’re here to help.
Do I need to register for VAT?
This depends on your business turnover and circumstances. We’ll advise whether VAT registration is legally required or whether voluntary registration could benefit your business.
Can you prepare and submit VAT returns?
Yes. We prepare accurate VAT returns and submit them directly to HMRC, helping you meet every filing deadline.
What is Making Tax Digital?
Making Tax Digital (MTD) requires VAT-registered businesses to keep digital records and submit VAT returns using compatible accounting software. We’ll ensure your business remains compliant.
How often do VAT returns need to be submitted?
Most businesses submit VAT returns every quarter, although reporting periods may vary depending on the VAT scheme you’re registered for.
Can you correct VAT mistakes?
Yes. If you’ve identified an error on a previous VAT return, we’ll advise on the correct process for making amendments with HMRC.
What happens if I miss a VAT deadline?
We’ll help you get your VAT affairs back on track, submit outstanding returns and minimise any future compliance issues.
Latest blogs
Listed below are our latest news items, to receive current news items tailored to your own requirements please sign up to our newsletter.
Top 5 Benefits of Implementing a Cash Flow Forecast for Growth
How Outsourced Payroll Services Can Save Your Business Time and Money
How Accountancy Firms Help Small Businesses with Bookkeeping and Payroll
Contact Us
Let’s talk.
Got a question? Thinking about switching accountants? Just want to understand your numbers a bit better?
Start the conversation — we’ll guide you from there.