VAT and CIS rules and regulations are always changing and the surrounding guidance can be vague, leaving you with more questions than answers. This may leave you feeling apprehensive about where to start and what is required to be included. That's why at NOEXSPENCE we can provide you with full preparation, reviewal and submission of your returns. We will also help to determine the below:-
The above are just a few of the issues surrounding VAT that your business needs to be aware of. If you are near to or have already surpassed the current VAT Threshold of £85k, or you are just unsure of what this means for your business, get in touch, we are here to help!
NOEXSPENCE are qualified to help assist you and give you the correct guidance of what HMRC deem as an VAT allowable expense, ensuring your business is compliant in claiming and declaring all appropriate business transactions.
We also support Contactors and Subcontractors understand the legislation and requirements for CIS and the process that is involved when registering.
If in doubt check it out!
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