Vat Returns

If you are registered for VAT you are required to submit VAT returns monthly, quarterly or annually depending on which scheme you have registered with.  Failure to submit VAT returns on time will incur a financial penalty with is calculated as a % of the total VAT payable; this % increases for each subsequent default.

All Bookkeeping Clients have their VAT Returns prepared as part of our service.

For non-Bookkeeping Clients Gilroy & Brookes is able to check draft VAT Returns for errors and omissions and to file Returns on-line.

We are also able to provide advice on the VAT treatment of various transactions and to sit-in on VAT Inspections in an advisory capacity if required.