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Value-added tax (VAT) must be paid by a limited company when their business reaches the threshold of £85,000 in turnover. VAT can be difficult to navigate, and some businesses are taken by surprise when they end up owing money from the VAT they have charged. Partnering with a vat specialist ensures clarity on what you owe and when. 

Many of our clients have questions about VAT – we’re here to answer them. Call 01322 250 001 or email to discuss VAT, VAT services, VAT return services, or any financial concerns. 

What is VAT and do you need to be registered?

Value-added tax, or VAT, is added to the cost of nearly everything we buy in the UK. If your business is VAT registered, you will need to add VAT to your applicable products and services. It’s currently charged at 20% on most products and services.

VAT is payable on:

  • The sale of goods or services
  • Hiring or loaning goods
  • Selling business assets
  • Commission
  • Selling to staff
  • Goods that aren’t used solely for business
  • Gifts

There may also be circumstances where it’s beneficial for a business to be VAT registered, despite having a turnover lower than the £85,000 threshold. If this is the case for your business, we will be able to advise you further and weigh up all the pros and cons. There are various VAT schemes available, so we will find the right one for you and handle the VAT registration process.


Want some help with your finances? Then please get in touch on 01322 250 001 or email us at a quote for our vat services tailored to your business. 

Get a quote for VAT services


VAT returns – working out what you owe

VAT returns are used to calculate the amount of VAT a business has charged, and the amount it has paid. They are usually completed every three months, and there are two possible outcomes:

  • You owe money to HMRC. If you have charged more VAT than you’ve paid, the difference must be paid to HMRC.
  • You can reclaim VAT. If you’ve paid more VAT than you’ve charged to customers, you can claim back the difference.
Value-added tax (VAT)

Taking the stress out of VAT returns

Completing a VAT return can be complicated, and completing a VAT return every three months can be a drain on company resources.  Many businesses opt to collaborate with a VAT return accountant to handle VAT returns. We work on VAT returns for many businesses and will be happy to help you, calculating what you owe and keeping you in the loop so there are never any surprises. 

We use technology that makes it simple for you to send VAT information to us digitally. If you prefer, you can give us your paperwork and we will complete your VAT returns from this. We work in the way that suits you. 

VAT Offerings That Streamline Your Finances

At Adams Accountancy, we stand out as your trusted partner in navigating the complex world of VAT. Here’s why you should choose us for your VAT services:

Expertise in VAT:
Our team comprises experienced professionals well-versed in all aspects of VAT. We provide in-depth knowledge and guidance, ensuring you meet VAT obligations and optimize your financial strategy.

Tailored VAT Services:
We understand each business is unique. Our VAT services are customized to your specific needs, whether you are approaching the VAT threshold or managing an enterprise.

Efficient VAT Returns:
Dealing with VAT returns can be complicated. With our expertise, we simplify the process, making VAT return services hassle-free. We handle calculations and filings so you can focus on business growth.

Preparation of Final Accounts:
Our services extend beyond VAT. We assist in the meticulous preparation of final accounts, ensuring accuracy and compliance. Trust us to handle the financial details, providing you with a comprehensive overview.

Transparent Communication:
We believe in keeping clients informed every step of the way. Our communication ensures no surprises around VAT payments or returns.

Client-Focused Approach:
Your satisfaction is our top priority. We take the time to understand your business, providing personalized VAT solutions aligned with your goals. We are here for any VAT query.

Contact Adams Accountancy

Need VAT help? Contact us at 01322 250 001 or Request a quote for tailored VAT services including the intricacies of CIS employees’ pension scheme and the preparation of final accounts tailored to your business. 

VAT Registration When Launching a Business

If your business turnover tops the VAT threshold, you must register for VAT with HMRC. As your trusted advisors, we guide you through VAT registration ensuring full compliance. We assist with: 

  • Determining taxable supplies 
  • Calculating turnover and advising on voluntary registration 
  • Submitting the VAT registration application 
  • Ongoing VAT record keeping and returns 
  • Simplify VAT Returns with an Accountant 

VAT returns, usually quarterly, determine VAT collected and paid. Two potential outcomes: 

  • Owe HMRC if you collected more VAT than paid 
  • Reclaim VAT if you paid more than collected 

Completing VAT returns can be complicated. Many businesses team up with a VAT accountant to handle returns. Our team streamlines the process – calculating dues, digital filing, and keeping you updated. 


Here’s what our clients had to say about our accountancy services:


Contact Adams Accountancy

Let’s talk about VAT. Adams Accountancy is here to support your business. Call 01322 250 001 or email