Accountancy for Business
T 0844 567 7015
Email: info@sntaccountants.com
SNT Accountants
HQ Brookfield Court, Selby Road, Leeds, LS25 1NB
Value Added Tax is applied to most goods and services sold by VAT registered businesses. When VAT registered businesses are charged VAT on the goods and services they buy from other VAT registered businesses, this can in most cases be reclaimed.
VAT registration requires businesses to complete a VAT return (usually quarterly). The VAT return takes into account all of the VAT the business has invoiced from sales and all of the VAT the business expenditure on purchases and overheads. The difference between these figures is then paid to HMRC.
If you would like additional information about our VAT services then please contact us.