Xero Certified Bookkeepers and Advisors
VAT Return Accountants
Stay on top of your VAT obligations with our complete service. We manage calculations, filings, and compliance, stress-free.
Need to speak to someone? Get in touch below.
ACCA Certified
HMRC Authorised Agent
Our Partners
What We Offer
VAT calculations sometimes challenging, we make your VAT reporting easy
ZATRS ACCOUNTING provide every service including registrations, monthly and quarterly filling of VAT returns, compliance checks and investigations.
In UK, the VAT (value-added tax) was introduced in 1973, replacing Purchase Tax. It is the third-largest source of government revenue, after Income Tax and National Insurance and is administered and collected by HM Revenue and Customs, primarily through the Value Added Tax Act 1994.
VAT is levied on most goods and services provided by registered businesses in the UK and some goods and services imported from outside the UK. All businesses that provide “taxable” goods and services and whose taxable turnover exceeds the threshold must register for VAT. Businesses may choose to register even if their turnover is less than that amount. All registered businesses must charge VAT on the full sale price of the goods or services that they provide unless exempted or outside the VAT system. The default VAT rate is the standard rate, currently 20%. Some goods and services are charged lower rates (reduced or zero) and Exempt.
Registered businesses must pay over to HMRC the VAT they have charged on their goods or service (known as output tax) but they may offset this with the VAT they have incurred on goods or services they have purchased that relates to their own onward ‘taxable’ supplies (known as input tax). A separate scheme, called The Flat Rate Scheme is also run by HMRC. This scheme allows a VAT registered business with a turnover of less than £150,000 per annum to pay a fixed percentage of its turnover to HMRC every 3 months. The scheme is designed to reduce hassle for small business and allow new companies to keep some of the VAT they charge to their customers. If your business has annual turnover £90,000 then it is compulsory to VAT registered your company.
You can voluntarily VAT registered your Business if your annual turnover is less than £90,000; why you do that? Sometimes business can maximise their profit if they are VAT registered company. Our expert accountant can help you to look at this.
Are you spending hours every month reconciling your books just so you can work out your VAT? Let ZATRS work on the numbers and let them tell you what VAT you need to pay. It will save you time and money and you can concentrate on your business or doing the things you love. Talk to us about cost-effectively managing your VAT, so you don’t have to.
ZATRS ACCOUNTING has three primary services: tax return filing, single-session tax advice consultations, and a pay-as-you-go option with a dedicated tax accountant. Here’s a breakdown of each service.
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium/Large Business
(Monthly Package)
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium to Large Business
(Monthly Package)
Personal accountant
Personal tax return support
Corporation tax return support
Support to save on your tax bill
Full payroll preparation
Quarterly VAT review & accurate VAT submission
Director self-assessment return
Dividend and expense advice
Free accounting software
Support in individual project contractor payment
Monthly P&L report
Support on yearly budget process
Free advice of tax planning for your business
Our Service
Handling VAT can be a time-consuming and confusing task for many businesses, especially with ever-changing rules and regulations. At ZATRS Accounting, we simplify VAT management by offering comprehensive VAT return services that ensure compliance, accuracy, and peace of mind. Whether you’re new to VAT or looking for a better way to manage your returns, our team is here to make the process seamless and efficient.
Service Overview
Our VAT Returns service covers every aspect of your VAT obligations, from registration and calculating VAT liabilities to filing accurate returns with HMRC. We handle the details so you don’t have to worry about missing deadlines or making costly errors. Our approach is thorough and tailored to your business’s needs, whether you’re a sole trader, a partnership, or a corporation. We help you understand which VAT scheme is best suited for your business, ensure you’re reclaiming all eligible VAT, and keep you compliant with all regulatory requirements.
Why Choose ZATRS Accounting?
With ZATRS Accounting, you’re choosing a team of highly qualified professionals who are dedicated to making VAT compliance simple and straightforward. Our experts, including CPAA, ACCA, and Xero Certified Advisors, have extensive experience in managing VAT for businesses across various industries. We keep up with the latest VAT regulations, so you don’t have to, and we offer proactive advice to help you manage your VAT efficiently.
Our personalised service means that we tailor our approach to fit your specific business needs. We offer flexible consultation options—via phone, video, or in-person meetings at our Sittingbourne office—to provide the support you need, when you need it. We go beyond the basics to deliver strategic insights that can help your business save time and money on VAT.
How It Works
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Initial Consultation & VAT Registration: Our process begins with a free consultation to understand your business and its VAT needs. If you’re not already registered for VAT, we can handle the registration process, ensuring you’re set up correctly from the start.
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VAT Scheme Selection: We help you choose the most beneficial VAT scheme for your business, whether it’s the Standard VAT Scheme, Flat Rate Scheme, or another option. Our goal is to maximise efficiency and savings while keeping compliance simple.
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Accurate VAT Calculations & Filing: We take care of calculating your VAT liabilities, preparing your VAT returns, and submitting them on time to HMRC. Our meticulous approach ensures that your returns are accurate and complete, reducing the risk of errors and penalties.
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Ongoing Support & Advice: Beyond filing your VAT returns, we provide ongoing support to help you navigate changes in VAT laws and adapt your strategy as your business grows. Whether you have questions about VAT rates or need help with VAT inspections, our team is always on hand to assist.
Client Success Stories
A small manufacturing business came to us struggling with their VAT compliance, frequently missing deadlines and facing penalties. After partnering with ZATRS Accounting, we streamlined their VAT processes, switched them to a more suitable VAT scheme, and took over the filing responsibilities. This not only eliminated their penalties but also saved them hours of admin work each month, allowing them to focus on running their business. Our proactive approach helped them stay compliant and worry-free about their VAT obligations.
Getting Started With ZATRS
Take the hassle out of VAT management with ZATRS Accounting. Book a free consultation today, and let our experts guide you through the process of staying compliant and maximising your VAT efficiency. Click below to schedule your consultation and discover how easy VAT can be with the right support.
FAQs
We’ll assess your business’s unique needs and advise on the most beneficial VAT scheme, whether it’s the Standard Scheme, Flat Rate Scheme, or another option.
Absolutely. We can assist with catching up on overdue VAT returns and implement processes to ensure you stay on track going forward.
Our team uses advanced accounting software and thorough checks to ensure that all VAT calculations are precise, minimising the risk of errors and penalties.