VAT is now more complex than it used to be. You have the standard 20% VAT, 5% VAT and if you are a service company you may be eligible to use the flat rate scheme, ensuring you pay less VAT than using the standard 20%.
We can help advise you, ensuring the costs for your company are kept to a minimum. Quarterly accounts can be prepared if required, and we will prepare and submit the VAT Returns before the deadline, easing the pressure on you.
You need your company details to be kept updated on the Companies House website. By using Focus Accounting for this service it will save you time and enable you to “focus” on your business.
You can visit: www.companieshouse.gov.uk
for more information regarding Annual Returns.