IB Service Ltd

Whether you are a start-up or an established business, we will examine and advise you on the VAT systems that are suitable for you and determine which would be the best fit. Some VAT systems can help you save tax and reduce the amount of bookkeeping required.

We prepare your VAT return on the basis of the accounting data you provide and we collect it ourselves when submitting the returns. We will do our best to ensure that you recover the maximum permitted VAT.

As in any other area of taxes, we can represent you and maintain contact with HM Revenue & Customs on your behalf. Our software is fully compatible with submitting VAT returns online under the MTD (Making Tax Digital) system.

Late VAT registrations, errors, late returns and payments can all be fined, and longer delays add interest. Trusting us to handle your VAT will give you peace of mind and save your hard-earned money — without wasting it on fines and interest.

How can we help you?

Our specialists have a depth of knowledge about Value Added Tax. Key areas where we provide assistance:

VAT registration — we register your business in the VAT register and submit the necessary monthly or quarterly declarations.
Disputes and appeals — we challenge unreasonable calculations, negotiate agreements and represent you in setting the right VAT rate.
Maximising VAT recovery while minimising costs.
Planning and transaction structuring — structuring your transactions to avoid unnecessary VAT payments.
Help in dealing with government institutions.
International services — streamlining worldwide registration, managing and securing VAT refunds from other countries.

Specialised sectors: we help recover large sums for companies in many sectors with special VAT rules — online sales, construction services, non-profit organisations, beauty services, catering establishments and more. We welcome your enquiries and aim to answer all of your questions.

VAT packages

VAT Filing

£250

+ VAT / one-off

Free consultation.
Verification of MTD compliance.
Registration of MTD account.
Verification of data compliance.
Submission of VAT declaration.
Storing of data in the cloud.
Calculation of payable VAT.

Frequently asked questions

When do I have to register for VAT?

If the income generated from operations in any 12-month period exceeds £85,000 (the VAT threshold).

How long does registration take?

It usually takes a few business days for online registration. In exceptional cases it may take several months.

Can and should a foreign company operating in the UK register for VAT?

Yes — it can and must register, regardless of turnover.

How often does a VAT declaration have to be submitted?

Depending on the type of VAT registration, declarations must be submitted every 1 or 3 months, or annually.

How are VAT declarations submitted? Is it possible to do it on your own?

They are submitted via the HM Revenue & Customs access point after registering with the MTD (Making Tax Digital) system and following its requirements. Yes, you can submit them yourself.

Is it obligatory to provide proof and documents of VAT received and paid?

You do not have to submit the documents when filing a VAT return, but you must keep them — both electronic copies and VAT calculations.

If I trade on platforms such as Amazon and eBay in the UK, do I have to register for VAT?

Usually, trading on these platforms is not permitted without VAT registration.

What does a VAT inquiry mean?

A VAT inquiry is the verification of VAT account calculations and supporting documents on which VAT returns are based. It is often conducted in cases when VAT is regularly refunded.

— Require a consultation?

Speak to one of our specialists.

Call us on 020 8536 0065 or send us a message.