VAT Returns & Support
We make VAT simple, and keep you fully compliant.
VAT doesn’t have to be a headache. Whether you're just getting registered, already submitting returns, or unsure which scheme is right for you, we’ll handle it.
From MTD submissions to deadlines and digital records, we’ll make sure everything’s sorted on time, every time, without the stress or guesswork.
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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 regular returns, digital record-keeping, 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.
How we help with VAT
From registration to returns, we take the hassle out of VAT and make sure everything runs smoothly behind the scenes.
VAT Registration & Setup
New to VAT? We’ll advise whether it’s right for you, help you choose the best scheme (standard, flat rate, or cash accounting), 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.
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Why choose Prosper Accountancy
VAT can be fiddly, time-consuming, and easy to get wrong. We make it simple.
From choosing the right VAT scheme to managing your quarterly returns, we handle it all, clearly, accurately, and on time. You’ll always know what’s due, when, and why.
We also explain things in plain English, so you’re not left guessing how it all works. And if VAT is just one part of what you need help with, you can view all of our accountancy services to see how else we can support your business.
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 recommend fully being a Prosper client.
Frequently Asked Questions
Find answers to commonly asked questions about our work process.
You must register if your VAT-taxable turnover exceeds £90,000 in any 12-month period. You can also register voluntarily if it benefits your business.
The main schemes are standard, flat rate, and cash accounting. We’ll advise which one is best for your business based on your income, clients, and cashflow.
Most businesses file VAT returns quarterly. Some file monthly or annually, depending on turnover or scheme. We’ll manage the frequency for you.
MTD is HMRC’s requirement to keep digital records and submit VAT returns using compatible software. We make sure you stay compliant and avoid penalties.
Yes, if you’re VAT-registered and the purchases relate to your business. We’ll make sure all eligible input VAT is claimed correctly.