VAT returns

MPMJ provide outsourced, professional bookkeeping services to businesses of all shapes and sizes, whether you are just starting out or a well established, growing business within your industry.


VAT Returns

For many businesses registering for VAT and filing returns can seem incredibly daunting. You’ll need to submit regular VAT returns and, where applicable, payments to HMRC. Getting it wrong or failing to complete your VAT return can lead to hefty fines.


By using MPMJ’s VAT return service, you’ll receive the reassurance that your VAT returns are in the best possible hands, as well as knowing that by using an experienced accountant, your cash flow will be optimised as a result.


The regulations around VAT are constantly changing, and it can be challenging to keep up and correctly navigate the many rules and exceptions that apply. It’s certainly no easy task. However, MPMJ accountants can help ensure your VAT obligations are met without hefty costs to your business.


Who needs to pay VAT?

Businesses with a taxable turnover of £85,000 or over in a twelve-month rolling period must register for VAT with HMRC. This applies to both Limited Companies and Sole Traders. In addition, if your turnover is below £150,000, there are VAT scheme options available that your accountant can discuss with you.


Do I need a VAT accountant?

While it is possible to complete your VAT return yourself, it’s not as simple as you might think. There are many rules when it comes to VAT, for example, selling goods and services, hiring or loaning goods to someone or selling business assets. In addition, some services are VAT exempt, and others have a reduced VAT rate.


If your business needs to register for VAT with HMRC, it’s better to get a grasp of the VAT rules sooner rather than later. An MPMJ VAT return accountant can provide advice on all aspects of VAT  including liabilities, and VAT implications of any transactions going through your business.


VAT Accountants are a vital asset for many businesses. Using an expert to handle your VAT returns can positively impact your bottom line. In addition, because VAT matters are so complex, minor mistakes run the risk of being considered fraud. So any return must be carefully completed and in conjunction with a knowledgeable accountant. When you choose our VAT return services, we can assure you that the returns will remain correct and compliant.


Who needs to pay VAT?

Our qualified team can provide year-round VAT reporting for your business and prepare the returns on your behalf. We will even submit it online for you, so you just need to pay any fee due to HMRC each quarter. Our team want to make the whole process as easy and cost-effective as possible for our clients. Contact us to find out more.


Why Choose MPMJ Accountants?

Jargon-free approach.

We understand accounting can be intimidating, so our team is always on hand

knowledgeable and experienced

Our team of bookkeepers and accountants are fully qualified.

Cost Effective

We believe in offering value for money whilst not compromising on service.

Contact us to arrange a review of your bookkeeping and to discuss how we can help you streamline and provide you with high quality and meaningful data.


Get in touch with the MPMJ Team today

MPMJ will take care of all your accountancy needs. With over 15 years in the industry, we have seen it all and are here for you when things get tough. No stress or hassle - just success! 365 days a year.

You can view our website to get a breakdown of each of our services. You can contact us through the contact us page.


if you have any further questions, please feel free to drop us a line on the below contacts: