What is value added tax (VAT)?
Value Added Tax (VAT) is a crucial part of the UK’s tax system, applied to most goods and services. Businesses add VAT to their sales prices, ultimately borne by the consumers. The standard VAT rate is 20%, but some goods and services may qualify for reduced rates of 5% or even 0%.
Xact+ Accountants provide a vat registration and filling service, which will ensure you keep your company tax side legal and compliant.
Who Needs to Register for VAT?
In case of UK resident business, if your business’s taxable turnover exceeds £90,000, you must register for VAT. Even if your turnover is below this threshold, voluntary registration can still offer significant benefits. Overseas businesses must register vat before starting trade in the UK.
Our Easy Steps
- VAT Registration Threshold
We help you know when you need to register for VAT. The vat registration threshold is the amount of money your business needs to make in a year before you have to register for VAT.
- Find VAT Registration Number UK
After you register for VAT, you get a special number called a VAT registration number. We help you find and get this number easily.
- VAT Registration Limit
We explain the VAT registration limit, which tells you when you need to register based on your earnings.
- VAT Registration Check
We help you check your VAT registration to make sure all the details are correct and up to date.
- Check VAT Registration Number
You need to check VAT registration numbers to ensure they are valid and accurate. We make this easy for you.
- Confirm VAT Registration
Finally, we help you confirm your VAT registration so you know everything is properly set up.
How it works:
- Choose between registration or fillings packages and fill up the application form by clicking on ‘Order Now’.
- Proceed to checkout and make your payment.
- You’ll receive a questionnaire regarding your company via email.
- We’ll handle the completion and submission of the registration application for you.
- HMRC will notify you via email about the reference number and will send vat certificate to registered office address.
VAT Registration
- Online Application
- HMRC Follow Ups
- VAT Scheme Selection
- Process Time 2-3 Working Days
- Priority 24/7 Support
VAT Returns Filling
- Preparation of Returns
- Filling of Returns to HMRC
- Guidance on Payment of VAT
- Process Time 7-10 Working Days
- Priority 24/7 Support
Frequently Asked Questions:
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