What is a VAT return

This is value added tax and is calculated via a form you file with HMRC, usually quarterly, to show how much VAT you are due to pay them. If you're not registered for VAT, you won't file VAT returns.  

What information is needed

The VAT Return records things like:

  • your total sales and purchases

  • the amount of VAT you owe

  • the amount of VAT you can reclaim

  • what your VAT refund from HMRC is if applicable

Contact us to find out if you are legally bound to register for VAT.

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