VAT Bookkeeping
Keeping VAT records can be challenging. The Kelvin Partnership experts are here to help you through difficult but necessary tasks like keeping correct VAT records. We have experience spanning years which enables us to carry out the highest standard of VAT bookkeeping services. We will ensure your important records are kept in order and are reviewed regularly.
Keeping VAT Records – Help from The Kelvin Partnership
What are VAT Records?
If you are VAT registered it is essential that you are keeping accurate and organised records. Though you should be keeping file of everything your company does, it is essential that you are keeping records of everything that you owe or can claim back VAT on. This includes:
- A record of all exempt goods and services that your businesses has bought or is selling
- Copies of sales and purchase invoices
- Copies of credit/debit notes you have received and copies of those you have issued
- A record of items you have purchased that you cannot reclaim VAT on
- A record of any items that you are exporting
Depending on your situation as a business there may be other things you should keep account of. If you are unsure of what your company should be filing, get in touch with our VAT accountants.
Why Should your Business use our VAT Bookkeeping Service?
By using our bookkeeping service you are ensuring the right accounting information is compiled and your VAT returns will be submitted on time. Our team will make sure that everything your business is eligible to reclaim is documented and submitted to HMRC. And we will also make sure that if you are under investigation or an enquiry from HMRC, they are provided with every piece of paperwork, accounts and support needed.
Most companies outsource their VAT record keeping to avoid the chance that there is an error somewhere hidden in amongst the accounts. With the help of a qualified accountant from The Kelvin Partnership you will be able to have peace of mind knowing that all aspects of your companies’ tax is taken care of.
Trust the team from The Kelvin Partnership when it comes to maintaining your VAT records.
Arrange a Free VAT Bookkeeping Consultation:
Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.