If your business turns over more than the VAT threshold of £90,000 then you will need to register for VAT. For many this process is straightforward but as you’ll soon find out VAT can be charged and reclaimed on some services and not others.
At Figures UK we will support you by providing expert advice and preparing your VAT submissions for you. Our VAT services are fully compliant with HMRC’s new standards for Making Tax Digital. All businesses that are VAT registered are now required to keep digital records and file their submissions via the online portal.