Bookkeeping & VAT
VAT is a notoriously complex area of tax, particularly where property transactions are involved. Getting this aspect of your property business wrong could have serious cash flow and tax compliance implications, so specialist VAT advice should be sought before undertaking any development, venture or property transaction. At Berkshire Accounting, we can advise you on all aspects of VAT, including partial exemption, opting to tax and how much you can recover on your expenditures.
You can choose from following two options to suit your business needs and budget.
Option 1: You manage your books and we prepare your VAT.
Option 2: We manage your books and also prepare VAT return.
In addition, we can also assist with
- VAT registration.
- VAT scheme monitoring.
- VAT guidance.
- Attendance at VAT inspections.
- Advising on different VAT schemes.
Annual Turnover | Fees per Quarter |
£0-50k | From £50 |
£51k-125k | From £60 |
£126k-250k | From £80 |
We Run Your Books You Run Your Business
By choosing our cloud bookkeeping solution, you can reduce your admin stress to a great extent. Most of our clients say that by using one of our recommended cloud solutions have enabled them to save up to 2-3 hours per week managing their books.
Our bookkeeping service includes
- Provision of bookkeeping software with real time client access
- Monthly or quarterly bookkeeping
- Access to your online data at all times
- Quarterly management accounts
As a result, our service will
- Save your valuable time and money
- Ensure that your books are always up to date
- Ensure that your books are managed by competent bookkeepers
- Take away your stress in managing administrative tasks
- Allow you more time and money to focus on business
Monthly Bookkeeping – From £10 per month
Cloud accountancy solutions are becoming increasingly relevant as the Governments’ initiative ‘Making Tax Digital’ (MTD) intends that by 2020 the vast majority of businesses, self-employed people and landlords will be required to keep track of their tax affairs digitally and to update HMRC at least quarterly.
Our team of experts can provide support with the latest cloud accounting softwares including Xero and Quickbooks.