VAT accounting starts with complete transaction information
Correct records depend on more than an invoice total. Your accountant needs to understand what was bought or sold, who the counterparty is and which supporting documents are available. Tell us about new types of transactions before they become a recurring part of your business.
What we review
- Purchase and sales documents relevant to VAT.
- Information needed to prepare declarations.
- Missing or inconsistent transaction details.
- Overseas transactions requiring additional supporting information.
New companies and changes in activity
VAT registration questions can arise as a company grows or starts trading internationally. We review the accounting information and the issues relevant to your situation. This page does not prescribe a VAT rate, threshold or treatment for a specific transaction.
Agreeing the monthly workflow
We establish when documents must be supplied, who answers questions about transactions and how missing information is followed up. VAT work can be included in the agreed accounting service. Mention your current VAT status when requesting a quote.