VAT accountant services for small business owners

Hey, I am Tom I offer VAT accountant services in Lichfield and across the UK.

Nothing in business comes around quicker than a quarterly VAT return.

When submitting returns yourself it can be hard to keep up with all the deadlines and to be confident the VAT returns are being prepared correctly.

VAT return preparation is a common service I help my clients with. I can monitor the deadlines, prepare your return and all you have to do is approve the return for it to be submitted. It’s a service that can give you a lot of relief!

When do you need to submit a VAT return?

Businesses need to register for VAT with HMRC once the £85,000 threshold is breached over a 12-month rolling period.

Here’s a quick video with all the information:

VAT schemes

When you register with HMRC for VAT, you have a couple of different options on which VAT scheme you would like to be on:

VAT standard scheme

This is the most common VAT scheme businesses are on. VAT returns are typically submitted quarterly and the VAT on your sales and purchases is on an accrual basis, meaning it’s added to the VAT return based on the date of the invoice.

VAT cash accounting scheme

The cash accounting scheme is based on when your customer pays you and you pay your suppliers rather than the date of invoice.

VAT flat rate scheme

For businesses with an annual turnover of less than £150,000 can be on the flat rate scheme. This is when you work out what VAT to pay HMRC based on a percentage of your gross turnover.  The amount of VAT you pay depends on your type of business and industry.

VAT annual accounting scheme

The annual accounting scheme is all in the name, rather than submitting your VAT returns quarterly, you complete one VAT return a year.

Here’s the HMRC link with more information.

If you’re a retail business or you sell second hand goods, there are also the retail schemes and margin schemes available.

Why choose Every Cloud to be your VAT accountant?

Accurate & correct – VAT is a complex area and when submitting the returns yourself, chances are you’re making some mistakes. It will give you peace of mind that you’re submitting the correct figures.

Compliant to HMRC – We all want to keep HMRC happy, we want the returns to be on time and correct to escape any penalties. If you ever did get a VAT investigation, all the information will be stored on Xero to have a smooth and quick investigation.

Maximise VAT – All returns will be reviewed to ensure the maximum amount of VAT is claimed. If you have purchased something with VAT we want to claim it back!

Take away your stress – No worrying about whether you can claim VAT on that coffee you purchased, all you have to do is add your documents to Dext, I will carry out the rest!

If VAT returns are making your head spin and you would like a VAT accountant to handle the preparation and submission, book a 15 minute discovery call to find out more.

More Accounting services I offer:

Every Cloud Accounting
Based on 9 reviews
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richard shawrichard shaw
17:15 11 Oct 23
Excellent personalised service was what attracted me and has turned me into a customer. Felt like my needs were listened to, excellent customer service!
Kate NicholasKate Nicholas
02:20 06 Oct 23
Tom is a great accountant. Very down to earth and easy to ask questions of.Professional and knows his stuff!If you are looking for an accountant I would definitely suggest you give him a call.Reliable, honest and easy to communicate with.
Julie NicholasJulie Nicholas
06:52 28 Sep 23
I wasn't sure if I needed to speak to an accountant, but having decided to contact Tom I'm so glad I did.I was worried my questions might be too basic but he was so helpful, and gave me tips about using the Government Gateway so it no longer seem so overwhelming.You don't need to earn a big income to find an accountant helpful!I have now done a couple of things with HMRC to ensure my self assesment will be more straight forward and less daunting.If you are thinking of contacting Tom, I can't recommend him highly enough.A very knowledgeable and patient accountant - so good at explaining the whole process!
Rebecca RutherfordRebecca Rutherford
12:07 15 Sep 23
Tom at Every Cloud Accounting is simply brilliant. He is really easy to work with, and doesn't bamboozle us with a million questions - he does his job brilliantly whilst leaving us to run our business. I have worked with countless accountants over the years and Tom is the first one that I have actually enjoyed working with! In just six months he has set us up on QuickBooks and Dext, has produced a three year financial forecast for a funding application and offered us advice on tax and dividends - all whilst keeping up with our book keeping and VAT returns. I would recommend Tom to anyone looking for an approachable, friendly and professional accountant.
17:07 10 Aug 23
Tom has always provided an efficient service, and provided me with timely advice on tax matters for my consultancy business. I wouldn’t hesitate in recommending him.
Andy SmithAndy Smith
07:41 28 Jul 23
Big thanks Tom for helping out with all my Tax returns. You made the process easy to understand, quick, and and I fell it was good value for money. All the best, and thanks again for your help.
James RitsonJames Ritson
15:01 25 Jul 23
Very friendly, reliable and relaxed. Easiest accountant I've dealt with by a mile. Thank you Tom.
Kate JonesKate Jones
09:37 24 Jul 23
Can't recommend Every Cloud highly enough! Tom is a great accountant, and also makes us comfortable and confident in all he does. Highly recommend!
Carole GarrettCarole Garrett
09:47 14 Jul 23
Under very difficult circumstances Tom has worked with one of my clients to change accounting software and install cloud based system. He handled every aspect of the project in a very professional, logical a thorough manner. We now have a more efficient method of working with visibilityThanks TomWould use him again and recommend his services