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VAT

Whether you're a start up or have been in business for a long time, Glass Accountants can help you meet your VAT responsibilities.
What is VAT?
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Value Added Tax (VAT) is a tax collected from customers on goods and services which is then paid to HM Revenue and Customs (HMRC).
Your business must be registered for VAT if you make taxable supplies/services and your annual turnover exceeds £85,000.
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How we can help
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Glass Accountants can help you decide whether you need to be VAT registered or not. We monitor our clients closely. This ensures that; if your circumstances change, we can inform you promptly and deal with all the necessary paperwork.
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We can prepare your VAT returns on a timely basis either from your bookkeeping records or we can prepare it ourselves. If a VAT liability is due, we will provide you with the figure of the amount you owe, and details on how to pay it.
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