VAT – Value Added Tax
Many people find VAT overwhelming and complicated; Addicus can play a vital role in managing VAT for your business and take away those headaches.
Firstly we help to determine whether a business needs to register for VAT and guide on the correct VAT scheme to use. We ensure compliance with VAT regulations by accurately calculating, recording, and reporting VAT on sales and purchases. We then prepare and submit VAT returns on time, reducing the risk of penalties.
Additionally, we advise on reclaiming VAT on eligible expenses and help identify opportunities to optimize cash flow. Our expertise ensures that VAT processes are efficient, accurate, and aligned with current tax laws, saving your business time and money.
