Service Overview
Are you searching for reliable and efficient VAT and tax services? Look no further than AIBS Bookkeeping.
AIBS Bookkeeping offers comprehensive VAT return preparation services that cover a range of VAT schemes, including annual accounting, cash accounting, flat rate, retail schemes, margin schemes for second-hand goods, and partial exemption.
As an expert, I understand the complexities of VAT and can guide you through the process of choosing the most efficient VAT scheme for your business.
By working with me, you can be confident that your VAT return is prepared accurately and efficiently, and that your business is operating in compliance with all necessary regulations. My Service includes
- Completing VAT returns
- Submitting VAT returns to HMRC
- Assistance with registration or deregistration
- Personal Tax
- Corporate Tax
- Most appropriate scheme
Why Choose Me
The deadline for submitting VAT returns in the UK is usually one calendar month and seven days after the end of the VAT period.
Partial exemption is a VAT scheme that allows businesses to recover VAT on certain expenses while being exempt from VAT on other expenses. This is typically used by businesses that make both taxable and exempt supplies. Whether or not your business can benefit from partial exemption depends on a number of factors, including the nature of your business activities and the amount of VAT you incur.
The expenses that can be claimed as tax deductible for your business in the UK depend on the type of business you have and the nature of your expenses. Generally, expenses that are wholly and exclusively incurred for the purposes of your business can be claimed as tax deductible. It’s important to keep accurate records of your expenses and consult with a tax professional to ensure that you are claiming all applicable deductions.