VAT Accountants
Reliable and Transparent VAT Accountants for Businesses.
Simplify VAT compliance with our professional VAT accountants. Whether you’re a sole trader, SME, or a Limited Company, our expert accountants ensure your VAT returns are filed correctly, helping you avoid penalties and maximize reclaimable VAT.
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UK businesses trust us with their finances
Dedicated Finance Team
Real accountants. Real tax expertise
ROI-Focused Accounting
Our clients save more than they pay us
Payroll, VAT & Corp. Tax
Complete compliance under one roof
VAT Returns Explained
Value Added Tax (VAT) is a tax added to the purchase price of goods and services sold by registered companies. VAT aims to generate revenue for the government while distributing the tax burden across stages of production and consumption. Registered businesses can claim VAT paid on expenses when filing VAT returns.
All VAT-registered businesses are required to submit VAT returns electronically to HMRC. The returns provide information on the amount of VAT collected from their customers and the amount of VAT paid to suppliers by the company. Businesses typically submit VAT returns every three months, representing their accounting period.
Which business needs to submit Value Added Tax (VAT)?
Currently, any business with taxable turnover exceeding £90,000 within a 12-month period must register for VAT. This registration requirement applies to both limited companies and sole traders. The process of registering for VAT is relatively straightforward, and at Reflex Accounting, we can help every step of the way.
Why it’s important to use the service of VAT accountant?
With Reflex Accounting, our experienced accountants can help ensure your VAT obligations are fulfilled cost effectively. Our team of chartered VAT accountants understands VAT regulations thoroughly. We are ready to collaborate with you on processing returns and payments. With our support, you can rely on compliant VAT activities without undue burden.
Request a quote or ask for advice
We work with a wide range of businesses on a national level and can give you the friendly and Expert Accounting Advice you need.
VAT Challenges We Solve for Your Business
Surprised by large VAT bills
We provide transparent VAT planning and clear financial advice throughout the year, preventing unexpected bills at return time.
Drowning in VAT paperwork?
We streamline VAT processing from invoice management to return preparation keeping everything organized and stress-free
Can’t get hold of your accountant?
We provide proactive, accessible support so your VAT questions are answered promptly
Paying too much VAT?
We identify VAT recovery opportunities and ensure you claim all eligible input tax
Worried about VAT compliance?
We ensure all VAT returns, payments, and filings are accurate and fully compliant with HMRC requirements.
Why Choose Reflex Accounting
Our expert accountants help businesses reduce tax liabilities, increase profitability, and streamline financial management.
Proactive Problem-Solving
We go beyond just number-crunching. Our team takes the time to understand your financial challenges, offering strategic solutions to help you achieve your business and personal goals.
Approachable & Client-Focused
We understand that finance and audits can be overwhelming. That’s why our friendly team is always available to offer expert guidance, ensuring you feel confident and informed.
Time & Tax Efficiency
By managing your audits and tax obligations, we free up your time so you can focus on scaling your business. Our expert tax strategies have saved our clients significant amounts in tax liabilities.
Future-Ready & Tech-Driven
We embrace cloud-based, paperless accountancy solutions, bringing efficiency and modern innovations to financial management.
Comprehensive Accounting & Financial Solutions
Expert accounting services tailored to meet your business needs
Audit & Assurance Services
Independent audits for compliance, risk management, and financial transparency.
Bookkeeping & Payroll Services
Accurate financial record-keeping and seamless payroll processing.
Tax & VAT Advisory Services
Proactive tax strategies to optimize savings and ensure compliance.
Financial Planning & Business Advisory
Strategic guidance to drive long-term profitability and growth.
FAQs
When must I register for VAT?
You must register if your taxable turnover exceeds £90,000 in a rolling 12-month period. You can also register voluntarily to reclaim input VAT
What is the Flat Rate VAT Scheme?
It is a simplified scheme for smaller businesses where you pay a fixed percentage of turnover to HMRC. We can calculate if this scheme saves you money compared to standard VAT.
What happens if I submit my VAT return late?
HMRC operates a points-based penalty system. We ensure you never miss a deadline by setting up automated reminders and handling the submission for you.
Can I reclaim VAT on expenses incurred before I registered?
Usually, yes. You can reclaim VAT on goods bought up to 4 years ago (if you still hold them) and services bought up to 6 months before registration.
What is the difference between standard and cash accounting for VAT?
Standard accounting asks you to pay VAT when you issue an invoice. Cash accounting only asks you to pay VAT when your customer actually pays you. Cash accounting is often better for cash flow; we can switch you to it.
Struggling with Finances?
Let Reflex Accounting Handle It!
Focus on growing your business—not managing HMRC paperwork, audits & payroll