VAT Return

VAT is one of the most complex parts of the UK tax system, so it’s vital to find a team of VAT accountants who can help you navigate it. But your search is over: we’re the team for you.

We’re specialists who help businesses with their VAT returns. We’re precise, and efficient and work with our clients in mind. Want to know more?

VAT: the fundamentals

If you have an annual turnover of £90,000 (the VAT threshold), or expect to in the near future, you need to register for VAT and file a quarterly return to HMRC.

VAT is a sales tax that VAT-registered businesses must apply to certain goods and services. The customer pays the tax to the business, which then pays it to HMRC through regular VAT returns.

Interestingly, some businesses may benefit from voluntarily registering for VAT even before reaching the VAT registration threshold of £90,000 taxable turnover for the previous 12 months (effective from 1 April 2024 for the 2024/25 tax year). Export businesses, for instance, could benefit from voluntarily registering for VAT, as well as small businesses which may be more appealing than a non-VAT registered entity.

Don’t worry if you‘re unsure — we’ll help you find out whether you need to register or not.

How we can help

Navigating the complexities of VAT can be a daunting task, but with us handling your VAT returns for you, your tax affairs will be in safe hands, allowing you to focus on the parts of your business that are most important to you.

Our services cater to a diverse range of businesses, including private limited companies, sole traders and those operating in specialist sectors.

Over the years BH1 has built a strong reputation for handling VAT compliance checks on behalf of our clients. With a number of successful cases under our belt, come to us for your compliance needs.

Why choose us?

Expertise you can trust

We’re a team of VAT accountants who understand what goes into running a business, which means we work efficiently and accurately.

We also stay abreast of changes in legislation to provide you with accurate and up-to-date guidance, ensuring that your business remains tax-compliant at all times.

Tailored solutions for your business

We understand that every business is unique and that one-size-fits-all solutions simply won’t cut it. We’ll therefore take the time to understand the intricacies of your business operations. That way, we can meet your specific needs.

Efficiency, accuracy and timeliness

Timely filing of VAT returns is crucial if you want to avoid penalties and maintain a positive relationship with HMRC. Our efficient processes and attention to detail means we’ll always prepare your VAT returns accurately and on time.

We’ll also take the hassle out of tax compliance, allowing you to focus on what you do best: running and growing your business.

Get in touch

At BH1, we’re not just about managing VAT tax returns; we’ll ensure that your business complies with financial regulations, while you shift your attention to what matters to you.

So, if you’re looking for a team of VAT accountants you can trust, get in touch with us today.