VAT Services

At the end of an accounting year, it is important for a business owner to have a clear picture of their annual accounts, allowing them to see profit or loss easily, and to make self-assessment tax returns a more straightforward process. Limited companies, sole traders or partnerships are able to choose a year-end whenever they prefer, although many opt for the tax year since this will make your tax liability as current as possible. For year-end accounts services, from organising through to filing with Companies House and offering a useful overview of your business figures, trust us to deliver exactly what you need.

What you will get from us

Tax advice

We will keep you up to date and advise on all legislative matters so you can run your business more efficiently.

24 hour response

We promise to get back to you the same day, or within 24 hours, to resolve any issues you may have.

Dedicated Accountant

We know how crucial it is to have a single point of contact to resolve any issues.

Punctual

We promise to be punctual at all times to ensure that deadlines are always met

Specialist VAT Accountants

VAT can be a minefield. Do you need to be VAT registered? Which of the various VAT schemes is right for your business? What products and services or types of organisation are exempt or partially exempt from VAT? How do you set up accounting systems to deal with VAT and the demands of the tax authorities? What about your dealings with overseas businesses?

These are just some of the issues around VAT that you may need to get to grips with. You’ll also need to know when the deadlines are for submitting your VAT returns and making payments and how to handle a potential VAT inspection.

VAT specialists

The Chowdury Accountants will take care of all these headaches – and more – for you.

Firstly, we’ll determine whether you need to be VAT registered at all and if so, process your registration.

If you’re already registered, we’ll assess your existing processes and ensure they’re fully compliant.

We’ll also deal with any special circumstances relating to your organisation. If you run a charity, for example, some of your purchases will be exempt from VAT. If you sell goods online across the world, there are processes you’ll need in place to ensure you’re paying the correct VAT.

Then, we’ll use our software to ensure your VAT returns are prepared correctly and on time. As part of our accounting service, we can also help you ensure you have the necessary cash flow to make your VAT payments.

Should you run into any difficulties in paying your VAT, we can negotiate with HMRC on your behalf.

Who we support

Whether you’re a sole trader, an SME, a non-UK business or a large corporate, we can provide you with full service accounting support.

Our clients rely on us for services ranging from bookkeeping and self-assessment, through VAT and annual company accounts to long-term financial and tax planning strategy.

These clients operate in a multitude of industry sectors and they choose us because we understand the accounting challenges specific to these sectors.