Vat Registration

VAT Registration - Only £50

We assist you in completing a vat application form, deliver it to HM Custom & Excise for VAT registration and answer all queries arising from it. The registration can take 4-6 weeks.

Apply for vat registration by adding this service at the last stage of the shopping cart process.

UK limited companies must be registered for VAT if their turnover is in excess of the threshold level, currently £64,000 per annum. However, if the turnover is below this it is still possible for voluntary registration. Once the limited company is VAT registered it must charge VAT on the sale of non-exempted goods or services. It can claim back VAT on purchase of goods or services.

There can be a number of reasons for voluntary registration:

1. Charging VAT – which VAT-registered corporate customers can reclaim in any case – shows that your company is legitimate and established.
2. A limited company that is going to incur substantial expenses may register so as to reclaim VAT and save money.
3. If you are an importer it is of benefit to have a VAT number for clearing goods at customs.

However, you must be clear about the impact of VAT registration on your business. For example, if you provide services to members of the public, registering for VAT will increase your prices. On the other hand, if your customers are mainly corporate bodies with their own VAT numbers, increased prices due to VAT will not matter because, as we’ve already observed, they can claim VAT back. The disadvantage of VAT registration is the extra admin work of VAT returns every quarter. So if your limited company is a small company you may wish to trade as long as you can without a VAT number.

If you decide not to register you must monitor your turnover so that you know when you are approaching the VAT registration threshold.

VAT Administration

Prior to 2005, VAT was handled by HM Customs rather than the Inland Revenue. Since the integration of the two agencies in 2005, all tax, including VAT, is handed by the combined agency, HM Revenue and Customs (HMRC). Once your business / limited company is registered for VAT you must complete a VAT return form every quarter declaring the limited company's sales and purchases. Any VAT due must be paid by the end of the following month. If there are any refunds due they are paid by HMRC directly into the company's bank account.

It is usual for HMRC to visit the trading address of the company to examine can happen for a number of reasons: if the payment is outstanding, if the books and records in order to check the accuracy of the VAT returns. This VAT returns have not been submitted on time, or your company has been selected at random for a check.

Our VAT administration service can complete the VAT returns accurately and deliver them on time saving you a lot of paperwork and financial penalties for late submissions. Please contact us by phone or email for a quote.