VAT Return Services
We make VAT simple, and keep you fully compliant.
VAT doesn’t have to be a headache. Whether you're just getting registered, need help with your VAT returns, or are unsure which VAT scheme is right for you, we’ll handle it. From Making Tax Digital (MTD) submissions to deadlines and digital records, our expert team of accountants will make sure everything’s sorted on time, every time, without the stress or guesswork.
.webp)
What is VAT?
VAT (Value Added Tax) is a tax you charge on most goods and services if your business is VAT-registered.
Once you hit the VAT threshold (currently £90,000 in turnover), registration becomes mandatory, and that means submitting regular VAT returns, keeping digital records, and staying compliant with Making Tax Digital (MTD) rules.
But even below the threshold, registering voluntarily can have advantages, especially if you deal with VAT-registered clients. Whether you're new to VAT or looking to get more control over your existing setup, we’ll help you understand how it works and take care of the heavy lifting.
Our VAT Return Services
From VAT registration and choosing the right scheme to preparing and submitting your returns, we take the hassle out of VAT and make sure everything runs smoothly behind the scenes.
VAT Registration & Setup
New to VAT?
Our accountants will advise whether VAT registration is right for you, help you choose the right VAT scheme for your business, and get everything registered with HMRC.
VAT Returns & MTD Compliance
We prepare and submit your VAT returns accurately and on time, and keep your digital records fully compliant with Making Tax Digital rules.
No confusion. No last-minute panics. Just stress-free VAT, sorted every quarter.
VAT Support Tailored to Your Business
Sole Traders & Micro Businesses
Just hit the VAT threshold or thinking of registering voluntarily?
We’ll guide you through the options, get you registered, and handle returns so you stay compliant, without losing precious time to admin.
Limited Companies with Small Teams
With more moving parts comes more complexity, and more risk of errors.
We’ll manage your VAT returns, reconcile the figures, and make sure you’re using the right scheme for your business model.
Growing or VAT-Heavy Businesses
If VAT is a big part of your cashflow, especially with large invoices, multiple sites, or international clients, we’ll keep everything running smoothly.
We’ll advise on partial exemptions, cross-border VAT, and ensure your records are watertight ahead of any inspection.
.webp)
Why Choose Prosper Accountancy
✓ Fully managed VAT return services from start to finish
✓ Accurate, HMRC-compliant VAT returns submitted on time
✓ VAT registration, MTD submissions and digital records handled for you
✓ Advice on the right VAT scheme for your business
✓ Clear, jargon-free VAT support whenever you need it
✓ Access to a full range of accountancy services as your business grows
Couldn’t have had a better experience with advice and training on my accounts. Sorted mine out after a negative experience with previous accountants. I’d fully recommend being a Prosper client.
How Our VAT Return Service Works
We make managing your VAT straightforward, with everything taken care of from your records through to submission.
1. We get to know your business
We’ll understand how your business operates, review your VAT setup and make sure you’re on the right scheme.
2. We prepare your VAT return
We’ll review your figures, calculate what you owe or can reclaim, and prepare an accurate VAT return for the period.
3. We submit everything to HMRC
Once everything is checked and approved, we’ll submit your VAT return to HMRC in line with Making Tax Digital requirements.
4. We keep you on track
We’ll stay on top of deadlines, keep you informed of what’s due and when, and be here whenever you need VAT advice.
Frequently Asked Questions
Got questions about VAT? Here are answers to some of the things businesses ask us most about VAT registration, returns and Making Tax Digital.
You must register for VAT if your VAT-taxable turnover goes over the current registration threshold. You can also register voluntarily if it makes sense for your business, particularly if you work with VAT-registered clients or have significant VATable expenses. We can help you decide whether registration is right for you and handle the process with HMRC.
The main options include Standard VAT Accounting, the Flat Rate Scheme, Cash Accounting Scheme and Annual Accounting Scheme. The right one depends on factors like your turnover, expenses and cash flow, and we’ll help you choose a scheme that suits your business.
Most VAT-registered businesses submit a VAT return every three months, although this can vary depending on your VAT scheme. We’ll prepare and submit your returns accurately and on time, while keeping you informed about what you need to pay and when.
Making Tax Digital is an HMRC requirement for VAT-registered businesses to keep certain records digitally and submit VAT returns using compatible software. We’ll make sure your records and submissions meet MTD requirements, so you can stay compliant without worrying about the technical side.
If you’re VAT-registered, you can generally reclaim VAT on eligible goods and services bought for your business, provided they meet HMRC’s rules. We’ll make sure eligible VAT is accounted for correctly, so you don’t miss out on VAT you’re entitled to reclaim.
Yes. Whether you’re changing accountants or currently managing your VAT returns yourself, we can take over and make the transition straightforward. We’ll review your existing setup and records before managing your future returns, submissions and deadlines.
You don’t have to use an accountant to submit your VAT return, but professional support can help reduce errors, keep you on top of deadlines and ensure you’re claiming the VAT you’re entitled to. We can manage the entire process for you and make sure your returns meet HMRC and MTD requirements.
Late VAT returns or payments can result in penalties and interest from HMRC. If you’re worried about an upcoming deadline or have already fallen behind, we can help you understand what needs to be done and get your VAT returns back on track.
Take the Stress Out of Your VAT Returns
Stay on top of your VAT obligations without the hassle. At Prosper, we prepare and submit your VAT returns accurately and on time, helping you stay compliant while giving you more time to focus on your business. Get in touch today to see how we can help with your VAT returns.