VAT Returns Worcester

VAT Returns in Worcester

At PAE Finance we’re local accountants in Worcester who provide a range of VAT services. The owner and qualified accountant Paul Evans, established the business in April 2017, and Paul has been working in the industry for over 30 years and has a wealth of knowledge in all areas within accountancy. The accountancy expertise that we specialise in, covers tax returns, self-assessment, payroll and bookkeeping. At PAE Finance we also focus on a range of industry sector including hospitality, medical, CIS contractors and the construction industry. This just confirms our industry experience.

Paul at PAE Finance ensures that he closely works alongside clients as well as making sure that you receive ongoing support to help you grow your business and maximise your personal wealth and minimise your tax liability.

Should you be looking for local Worcester accountants to assist with your VAT Returns, we can help. For more information, contact us now and we will be more than happy to give you more information.

Reclaiming VAT

Should you need to reclaim VAT, at PAE Finance we can help with this when it comes to reclaiming VAT, whether it’s for individual services or for businesses in Worcester. To reclaim the VAT paid on goods and services purchased for use in your business, we can help. If a purchase is for an individual’s use then you can only reclaim the business part of the VAT, should you keep your records of business related purchases, then we can use these to help support your claims. The accounting period usually runs in a cycle of 3 months.

VAT Return records for the accounting period such as...

  • Your total sales and purchases
  • The amount of VAT you owe
  • The amount of VAT you can reclaim
  • What your VAT refund from HMRC is

It’s a requirement that you submit a VAT Return even if you have no VAT to pay or reclaim.

You cannot reclaim VAT for...

  • Anything that is only for private use
  • Goods and services that your business uses to make VAT-exempt supplies
  • Business entertainment costs
  • Anything you have bought from other EU countries (you may be able to reclaim VAT charged under the electronic cross-border refund system)
  • Goods sold to you under one of the VAT second-hand margin schemes
  • Business assets that are transferred to you as a going concern

Why choose PAE Finance for VAT Refunds in Worcester

There’s lot’s of different reasons to choose from when it comes to tax refunds in Worcester, take a look at some of the areas we’ve outlined below. Some of the key reasons to choose us for your accounting services include:

  • Very Experienced – A highly experienced team with over 30 years’ experience in the industry, so you can rest assured that you’re in good hands with us at PAE Finance
  • Highly Professional – Were fortunate to have a highly professional team, who ensure that they meet everyone’s requirements when it comes to their accounting and finance needs.
  • Competitive Prices – At PAE Finance, we are proud to say that we offer value for money prices when it comes to our accounting services we offer in Worcester.
  • Reliable – Our team are extremely reliable when it comes to providing financial help for businesses and individuals in Worcester.
  • Passionate – We’re passionate when it comes to the accounting services that we provide, when it comes to our clients, we always try to ensure that we achieve the best for each one of them.

FAQs

What is VAT?
When it comes to VAT, it stands for Value Added Tax. Should you be VAT registered, then you need to add 20% on top of whatever you sell.
Can I reclaim VAT?
You can sometimes get VAT refunds on goods bought in the UK if you:

- Visit the UK but live outside the EU and are going back home are
- An EU resident leaving the EU for 12 months or more
- Are a non-EU resident but work or study in the UK and are leaving the EU for 12 months or more

You can usually reclaim the VAT paid on goods and services purchased for use in your business. If a purchase is also for personal or private use, you can only reclaim the business proportion of the VAT.
Why Should I choose PAE Finance?
At PAE Finance, our team of experienced accountants provide a range of accounting services across the Worcester area, we're renowned for offering a quality service, there's nowhere else to go.

For VAT Return Services in Worcester, call us today!

Looking for a local accountant to help with your VAT refunds in Worcester, don’t worry, you’re in the right place! We have over 30 years of knowledge and experience when it comes to working with clients of all kinds. Should you be looking for someone to manage your annual accounts, management accounts, bookkeeping, payroll and give you advice with self-assessment, PAE Finance can help! For more information about the services we provide or for any other enquiries, call us now on 01299 272 647.