Managing VAT shouldn’t be a burden. Whether you need help preparing returns, understanding specific VAT rules, or dealing with HMRC, we provide practical advice and hands-on support to keep your business running smoothly.
At Forrester Boyd, we help businesses of all sizes manage their VAT obligations effectively. From straightforward VAT returns to complex transactions, we bring clarity and expertise so you can focus on running your business.
We prepare and submit your VAT returns accurately and on time, ensuring compliance with Making Tax Digital (MTD) requirements and reducing the risk of HMRC penalties.
Our specialists provide tailored guidance on VAT schemes, cross-border transactions, and property VAT, helping you make informed financial decisions and maximise efficiency.
If you’re facing a VAT inspection, query, or dispute, we’ll liaise directly with HMRC on your behalf, offering peace of mind and expert representation.
No two businesses are the same, and neither are their VAT requirements.
We take the time to understand how VAT applies to your specific operations, sector, and goals - ensuring the advice we give adds real value.
Our VAT team has experience across a wide range of industries, including property, manufacturing, retail, and agriculture. We stay up to date with legislative changes to keep your business compliant and efficient. Our expertise includes:
Our service goes beyond compliance. We help you use VAT strategically, improving cash flow, uncovering efficiencies, and identifying opportunities that support your wider financial goals.
With a proactive approach and clear communication, you’ll always know where you stand and how to make VAT work in your favour. Benefits include:
We’ve outlined some of the questions we’re often asked about VAT, but if you’d like advice specific to your business, we’d be happy to help.
You must register for VAT if your taxable turnover exceeds the VAT registration threshold within any rolling twelve month period. Some businesses choose to register voluntarily before reaching the threshold, particularly where they can reclaim VAT on costs or work with VAT registered clients.
A VAT return shows the VAT you have charged on sales and the VAT you have paid on purchases during the period. The difference determines whether you need to pay VAT to HMRC or are due a refund. Accurate records and correct VAT treatment of transactions are essential to avoid errors or penalties.
Most businesses submit VAT returns quarterly although monthly or annual options are available under certain VAT schemes. Returns must be filed digitally using Making Tax Digital compliant software and payment is usually due shortly after the end of the VAT period.
Yes. Choosing the right VAT scheme can affect cash flow and administrative workload. Advice can cover scheme selection, registration, ongoing compliance, and dealing with HMRC queries. Ongoing support helps ensure your VAT position remains accurate as your business grows.
