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VAT services value added tax


VAT (Value Added Tax) is charged on most goods or services sold or provided by a VAT-registered business in the UK. It is charged whenever a VAT-registered business makes a sale to another business or to a final consumer.

If your business trades in goods or services that qualify as “taxable supplies” and your turnover exceeds the £85,000 VAT threshold, you are required to register for VAT. You may, by choice, register for VAT even if your turnover is well within the threshold and unlikely to exceed it any time soon.

If your business is VAT-registered, as well as charging VAT on the goods and services that you sell, you may reclaim the VAT you have paid in buying goods or services from other businesses.

Value Added Tax

Once registered for VAT, you do not have to deal with Her Majesty’s Revenue and Customs in person concerning your VAT affairs; you can appoint another to deal with them on your behalf.

This is where Quest comes in: we can help you to register for VAT, act on your behalf to ensure that your VAT returns are completed accurately and efficiently, avoiding penalties, advise on which VAT schemes are available and which could save you money and deal with HMRC on other VAT matters.

If you want to discover how else we can help your business, Quest also offers the following services: Tax Services, Self-Assessment, VAT, Payroll, New Business, R&D Tax Credits, Annual and Management Accounts and UK Tax Deadlines.

We’ve got your back. Call trusted Birmingham accountants Quest on 0121 235 0315 for a chat or CONTACT US to book a free consultation. 

Discover how we can help you pay less tax, put more money in your pocket and avoid stress (and a hefty fine!) by getting your tax return in on time, giving you more space to relax and focus on growing your business.

Contact Us

Give us a call on 0121 235 0315 or send us a message below to book your free consultation.

Quest Chartered Management Accountants. Branston Court, Branston St, Birmingham B18 6BA