VAT

Effective VAT planning aims to ensure that VAT is relatively painless, and that you are reclaiming as much as possible of the VAT you pay.

VAT - overview

Our overview of how VAT works, when you might need to (or choose to) become VAT-registered and what your obligations will be if you do.

A blurred screen with the writing Making Tax Digital in front of it
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How to file an MTD VAT return

Under Making Tax Digital (MTD), the rules on how to submit VAT returns changed on 1 April 2019; here’s how to make sure you are compliant.

Businessman filling in a VAT return
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VAT records

As well as ensuring you comply with your legal obligations under the "Making Tax Digital" initiative, maintaining accurate, current VAT records makes it easy to get the VAT you paid back.

An accountant expains to a client how her MTD-compliant software works
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Help clients file digital VAT returns

If your clients now file VAT returns under Making Tax Digital, they also need to keep VAT records in the right format. Our guide to their obligations.

Businessman calculating VAT return figures
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VAT returns

The VAT return summarises your sales and purchases and the VAT relating to them. All the information you need should be in your VAT records.

VAT calculations
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VAT accounting schemes

VAT accounting schemes can make your life easier, simplifying your VAT accounting and in some cases improve your cash flow.

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Pay your VAT bill

Use this Tool to find out how you can pay any VAT owing to HM Revenue & Customs.

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Work out the correct rate of VAT

VAT-registered businesses charge VAT on sales of goods and services. Use this tool to find the correct VAT rate you must charge and pay to HMRC.

Business person performing VAT calculations
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Essential guide to VAT

Once your sales reach the annual threshold, you must register for VAT. Our guide to when and how to register, and what you need to do once you have.

A calculators spells out VAT
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VAT registration

If you register for VAT with HM Revenue & Customs (HMRC), you must charge VAT on any goods and services you sell that are subject to VAT.