Value Added Tax - Eve Accountants

EVE Accountants partners with VATCalculatorUK

Value Added Tax.

VAT is the tax you pay when you buy a product or service. The standard rate in the UK is 20% – with approximately half of all household items subject to this rate.

Often, when you see the price for something in a shop, VAT will already have been added. And to make matters even more confusing, some products and services are exempt, including supermarket food, kid’s clothing, newspapers and magazines, medical treatment and care, membership subscriptions, insurance, etc.

It’s not the easiest thing to get your head around but – with a little expert guidance from our accountants in Bolton – we can make VAT work for you.

In fact, we are pleased to announce that we have recently teamed up with, a website that allows you to add or remove VAT with the touch of a button.

If you need help with your VAT return, we would be more than happy to help! Otherwise, if you know what you’re doing but want to reduce the time it takes you, our partner’s tool can be found using the link above.

Support with VAT returns

Whether you’re just starting out or you’ve been operating for a while, VAT can be a mysterious subject for all businesses. And filing your VAT return can be complicated.

However, we have some of the best accountants Bolton has ever seen on our team, and are always on hand to offer advice and guidance.

All businesses must register for VAT once they exceed a certain annual turnover – but it is possible to enrol before reaching this threshold. At EVE Accountants, we can help you to become a VAT registered business – making the process as hassle-free as possible.

As well as this, we can advise you on how to pay your VAT correctly and which scheme is right for your business needs. After all, if you get it wrong, you could be faced with a hefty fine. Or if you pay too much, you’ll lose money which is rightfully yours.

Our team uses innovative accounting software to keep a record of all sales and purchases, and the free VAT calculator on our partner’s website is extremely helpful when filing your return – allowing you to add or deduct VAT as and when required.

Get in touch today

If VAT is your downfall, don’t suffer in silence. Here at EVE, our Bolton accountants will do everything they can to ease the burden of filing a Value Added Tax return.

Alternatively, if you have any questions about VATCalculatorUK or would like to know more about using their free online tool, contact us.

Either call 01204 891 136, email or fill out the enquiry form, and we’ll get back to you.