VAT (Value added tax) is a type of tax that is assessed incrementally. VAT registration in UK is obligatory if the business makes a turnover of more than 85,000.00 per annum. One can also register voluntarily even if the turnover threshold is not met.
How E-tech helps.
Here at E-Tech we manage, calculate, and submit a lot of VAT returns for our clients. We make sure that VAT is calculated correctly and submitted on time every time. We remind our clients once the quarter ends so that all the information is gathered on time. We not only help our clients with standard vat scheme but all other schemes (Flat rate scheme, Marginal vat scheme etc). We also help our clients decide which VAT scheme to register by getting to know there business and a scheme that is most beneficial for them. One of the major things we do at E-Tech is make sure that all our clients are reminded once the quarter ends, we do not just wait for our clients to remind us. By doing so our clients submissions are all submitted on time and no penalties are charged. We make it our business to make sure all returns are correct so in an event of an investigation by HMRC, We take charge on behalf of the client and deal with HMRC queries satisfying them.