VAT Returns 

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If you charge VAT, you need to pay it over to HMRC less the VAT you can claim back. You do this through your VAT Return, which must be submitted online. Currently you must register for VAT if your Turnover is more than £90,000 and can de-register if you're Turnover goes below £88,000

Your VAT Return is calculated based upon:

 The amount of VAT you owe, based on your sales.

 The amount of VAT your can reclaim on your purchases.

And we can help. 

Call us now on 07754 758 740 or email us at queries@northstaffsaccounting.co.uk