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VAT returns by Andrew Henderson

VAT returns by Andrew Henderson
Andrew Henderson
Andrew Henderson
Managing Director

We will be preparing and submitting your quarterly VAT returns ongoing, meaning that you will be well aware of your VAT liabilities and keep the VAT-man happy! We’re not just filing a bunch of number though, we take a 6 step approach to our VAT Returns service: 1. Create a recurring quarterly job in our job management system so we NEVER miss a deadline and begin work on the VAT return the day after the quarter end 2. Carry out an audit of ALL transactions for the period - check that purchase VAT has been claimed on every transaction that it should have been and conversely that it hasn't been claimed where it shouldn't have been 3. Ensure that you are on the best scheme to maximise your cashflow - Cash or Accruals. Also keep an eye on going over the threshold at which you HAVE to move to accruals by obligation 4. Send you notification of the amount due within 3 weeks of the quarter end, giving you 2 weeks notice of the amount to be taken automatically via direct debit 5. File the VAT return on time, every time 6. Deal with any queries, enquiries or investigations from HMRC so you don't have to get involved, allowing you to focus on running your business and avoiding further cost of bringing us into an investigation.

 
Andrew Henderson
Andrew Henderson
Managing Director
 
A fellow of the ICAEW with over 15 years experience acting as an accountant and financial advisor to private and public companies, both in the UK and internationally. Previously, worked at Deloitte and Grant Thornton before setting up HACL. Andrew has and still acts as FD/CFO at a number of International companies helping grow the business through organic growth and acquisitions. HACL is a firm of Chartered Accountants in central London, providing advice to entrepreneurs, fast-growing and owner-managed businesses.  

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