VAT
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VAT SERVICES
Full Time VAT Assistance
Choosing the right VAT plan can make or break your business. Defining your products and services and your predicted earnings can all help you identify which scheme is best for your venture, lowering your VAT rate. Once you have picked an appropriate scheme, we will assist with the registration process, advise you on switching to a more tax-efficient arrangement, and keep you up-to-date with VAT law changes.
Dedicated VAT Accountants
At Miah Accountants, we offer qualified and experienced accountants who work tirelessly on your behalf, delivering VAT reporting to ensure you are compliant and flagging up any potential risks. We will minimise your liabilities and compliance issues by ensuring all aspects of VAT transactions are captured correctly, and all month-end processes are actioned on a timely basis.
VAT Calculation
VAT in the UK is Typically Charged At:
- 20% on goods and services.
- 5% is applied to some health, energy, heating, and protective products and services.
- 0% is applied to a range of products and services to do with health, building, publishing, and kids’ clothing
Some services and sales of goods are outside the scope of VAT (like stamps and financial and property transactions). Instead, businesses charge VAT based on what they sell and how much money they make.
Ready to set up your company?
Whether you are an established business owner (trading as a sole trader) looking to incorporate or starting a new business through a Limited Company, we will ensure your company formation gets the perfect start.
We will advise you on choosing the proper company structure to decide on the ownership of your company, i.e. how many shareholders and how many shares each will have (known as their shareholding). In addition, ensuring that the Articles of Association and Memorandum of Articles meet your business requirements is crucial at the setup stage.
Schedule An Appointment
Our Free initial Consultant is available for anyone who need help for their businesses or individuals.