VAT Returns

VAT Returns 

VAT returns shouldn’t be a headache. At Accountancy Scotland, we manage the process of submitting VAT returns so that you don’t have to worry. All we need from you is a bank statement, and we quickly, cost effectively and accurately prepare your VAT returns for submission. We can even set up a direct debit with HMRC so that you VAT is paid automatically and on time every quarter.


Aren’t all VAT returns the same?

No, at Accountancy Scotland we undertake two extra steps to your VAT return that is not typically done by accountants. We provide a quarterly VAT scheme review and a transaction examination.

VAT Scheme Review

Many people do not realise that there are several different VAT accounting schemes offered by HMRC. Most people are on the default accrual scheme, but this is not always the most tax efficient option depending on the business. Accountancy Scotland carry out a scheme review each quarter to ensure that your business is on the most tax efficient scheme. This service regularly saves our customers many thousands of pounds, and we are very proud of being able to offer this proactive service where our competitors do not.

Transaction Examination

This is where we go through each of the businesses transactions, to ensure that everything is correctly categorised. This means that not only can your business save money on items that have been categorised incorrectly, but it doesn’t leave your business as exposed to HMRC investigations.

How much does it cost?

We charge a flat fee of £80 per month for our VAT service.