VAT Accounting Services
VAT Accounting Services
Do You Need to Register for VAT?
Businesses are legally required to register for VAT once their taxable turnover exceeds the VAT threshold, which is currently £90,000 (as of 2025). Once registered, you must:
- Maintain detailed VAT accounting records
- Submit VAT returns to HMRC
- Pay any VAT due by the deadline
Failure to comply with VAT obligations may lead to significant fines or investigations by HMRC. That’s where our expertise comes in.
Our VAT Accounting Services
At Hamlet Accountants, we simplify the VAT process for your business. Our dedicated team of VAT specialists will:
- Determine when and how to register your business for VAT
- Assess your business model and help you select the most suitable VAT scheme
- Prepare and file accurate VAT returns on your behalf
- Review your returns to eliminate costly mistakes
- Ensure on-time submission to avoid penalties
We support businesses across all sectors and sizes — from startups to established SMEs.
VAT Schemes We Handle
There are several types of VAT accounting schemes in the UK. Choosing the right one can impact your cash flow and administrative burden.
We advise and manage the following VAT schemes:
- Standard VAT Accounting – submit quarterly returns and reclaim VAT on expenses
- Flat Rate Scheme – simplified VAT calculation for small businesses
- Cash Accounting Scheme – pay VAT only when you’re paid
- Annual Accounting Scheme – one return per year with advance payments
Our experts will help you choose the best VAT scheme based on your business type, turnover, and operations.
Why Choose Hamlet Accountants?
- In-depth knowledge of UK VAT legislation
- Support for Making Tax Digital (MTD) VAT returns
- Seamless integration with Xero, QuickBooks, VT & other software
- Chartered Certified Accountants with years of VAT experience
- Trusted by small and medium-sized businesses across London and the UK
Contact Hamlet Accountants Today
Customer Feedback
Monirul Islam
"Exceptional Service and Personalized Attention" “Working with Hamlet Accountants has been a game-changer for my business. Their team took the time to understand my unique needs and provided tailored solutions that have significantly improved my financial management. Their professionalism and dedication are truly commendable.”
Haris Rofe
"Reliable and Knowledgeable Professionals" “I’ve been consistently impressed with the expertise at Hamlet Accountants. They not only handle my accounts efficiently but also offer insightful advice that has helped me make informed financial decisions. Their reliability gives me peace of mind.”
Khurshed Alam
"Proactive and Supportive Team" “The team at Hamlet Accountants is proactive in identifying opportunities and challenges, ensuring that I stay ahead in my financial planning. Their support has been invaluable, and I highly recommend their services to anyone seeking dedicated accounting professionals.”
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