X
07581 513602 [email protected]

VAT

Whatever your business, you will be required to register for VAT once your turnover for vatable goods and services has reached the annual registration threshold. This limit is normally increased annually.

The registration threshold is not based on your business financial year or the tax year, it is based on a rolling twelve months.

If you know that your turnover of vatable goods and services will reach the registration threshold in the next 30 days, you must register for VAT, however if your turnover has gone over the registration threshold temporarily then you may be able to apply for exception from registration.

The annual limits can be found at www.gov.uk/vat-registration-thresholds

As a business you may elect to register for VAT at any time even if you have not reached the registration threshold. There are few exemptions from registration.

VAT is a complex area and the penalties can be significant if you get it wrong. GeStep Ltd can help make sure that you remain compliant.

There are many different VAT schemes and combinations of VAT schemes available. We can advise you on the ones which apply to your business.

If you’d rather spend less time worrying about VAT or are currently having a VAT Inspection then why not contact GeStep Ltd and let us help you.

Contact Us

To use CAPTCHA, you need Really Simple CAPTCHA plugin installed.

What People Says About Us

Your help and advice has been invaluable. Having recently set up my business with no experience of business accounting, tax, NI or PAYE you have been amazing. Now you completely look after that side of running my business which makes life easier and allows me to focus on my work. You were very patient and approachable, I don't know how I coped without you. I would have no hesitation in recommending GeStep Ltd in the future. Thankyou again for helping me through a difficult time.
Josephine is great, very knowledgeable, approachable and always at the end of the phone to answer my many questions, and she is very patient with me. She has helped me organizing myself more in the last 10 days than my old accountant did in 18 months. From the service I have had so far I would have no hesitation in recommending Josephine to anyone who wants to change their accountants.

Emma Webb

I have experienced the professionalism and attention to detail that only Josephine could provide. Throughout the transformation of the company and all that it entails her patience and guidance has been beyond the call of duty. With support through endless phone calls and emails the process has been less arduous than expected. I would highly recommend GeStep Ltd.

Helen Pearce

Josephine has been dealing with my accounts since January 2016 and I must say I have been very impressed with the service I have received. I can confirm that the service and expertise I have received has given me total confidence and peace of mind that my affairs are totally in order with HMRC. My main requirement was to have total trust and confidence in my accountant so that I could focus completely on building my business and delivering the best service I could to my clients. Everything I received was above my expectations, presented in a clear and concise manner. I would therefore have no hesitation in recommending her to friends, clients and colleagues.
Josephine's services was excellent, she met me at a time and place of my convenience and went through my situation, made no judgement, and gave me what I feel to be sound advice. Not just telling me what to do, but explaining 'why to do'. I have no hesitation of using Josephine's services in the future, nor would I hesitate in recommending her to any of my friends, family or work colleagues.