- 0191 466 1029
- info@findlaytodd.co.uk
- The Clervaux Exchange, Clervaux Terrace, Jarrow, NE32 5UP
VAT Return Services in Jarrow
Managing VAT can take valuable time away from running your business, particularly when it comes to maintaining accurate records and meeting HMRC deadlines. Findlay Todd provides professional VAT return services to make the process straightforward and easier to manage.
We can help keep your VAT records organised, prepare accurate returns and ensure the required information is submitted on time, giving you confidence that your VAT responsibilities are being properly managed.
VAT Returns show HMRC how much VAT your business has charged and how much you’ve paid on purchases. The difference determines whether you owe tax or are due a refund. For many business owners, VAT can feel confusing, especially with the added rules of Making Tax Digital. Whether you’re newly registered or managing complex VAT across multiple income streams, our team makes it simple and stress-free.
Here at Findlay Todd Accountants we handle the process from start to finish, ensuring every figure is correct, every deadline is met, and every possible saving is claimed. Our experienced accountants calculate your VAT accurately each quarter, review all transactions for errors, and make sure your submissions meet HMRC’s Making Tax Digital (MTD) requirements. We also explain your results clearly, so you always know what you owe or what refund to expect.
We start by reviewing your bookkeeping system to ensure your VAT records are complete and accurate. Then, we reconcile your sales, purchases, and bank data to calculate your VAT liability or reclaim. Once checked, we submit the return directly to HMRC through compliant software such as Xero. After submission, we provide a short report summarising your position, payment dates, and any recommendations for improvement. When needed, we also handle correspondence with HMRC and can register or deregister you for VAT as your business changes.
We don’t just work with numbers, we work with people. That’s why our clients trust us year after year. We build lasting relationships through consistent, high-quality support.
You must register when your taxable turnover exceeds £90,000 (the threshold as of April 2024). You can also register voluntarily if it benefits your business, for example to reclaim input VAT. We’ll help you decide the best time to register.
Most businesses file quarterly, though some file monthly or annually depending on their scheme. We’ll set up the schedule that suits your cash flow and ensures compliance.
HMRC requires Making Tax Digital-compatible software. We recommend Xero because it connects securely to HMRC, imports bank feeds automatically, and makes VAT filing straightforward. Our clients also receive a 25% discount on Xero subscriptions.
Yes. We’ll correct previous returns, communicate with HMRC, and minimise penalties where possible. Acting quickly usually reduces the cost.
Depending on turnover and industry, you might qualify for the Flat Rate Scheme, Cash Accounting Scheme, or Annual Accounting Scheme. We’ll review which option saves you the most time and money.
No. Under MTD rules, digital record-keeping is now mandatory. You can store invoices and receipts digitally through Xero or secure cloud storage.
Your accounting needs rarely sit in isolation. Alongside this service, Findlay Todd can support you with a wider range of accountancy services to help keep your finances organised, compliant and easier to manage.
Whether you also need help with bookkeeping, payroll, tax returns, or year-end accounts, our team can provide joined-up support tailored to your circumstances.
Your VAT records form part of your wider financial picture. We can prepare your year-end accounts alongside your ongoing VAT support, helping keep your business finances accurate and organised.
AT-registered businesses need to keep appropriate digital records and submit VAT information using compatible software. We can help you manage your digital accounting requirements with confidence.
Accurate bookkeeping keeps your VAT records organised throughout the year, making it easier to calculate what you owe, prepare returns and meet HMRC deadlines.