If the annual turnover of your business exceeds £67,000 (the current threshold as from 1 April 2008) then it is highly likely that you should be registered for VAT. If your business is VAT registered then the need for professional bookkeeping is even more pronounced. Where VAT is involved it is vital that your accounting records, in most instances, are maintained at the very least on a quarterly basis. Accubooks can handle all your VAT requirements, including the bookkeeping in connection with your VAT Returns, as well as calculating and submitting the Returns for you. For more information on VAT, see the HM Revenue & Customs website. |