Outsourcing
is an agreement in which company X hires company Y
to perform services that traditionally were performed in-house. Apart from the
advantages such as being cost-effective and saving time and effort, outsourcing
also helps the business to focus on its core strengths and direct its resources
to gain an upper hand vis-a-vis its competitors.
In the past few decades, outsourcing has become very
popular worldwide. Sole-traders, partnership firms, small businesses, big
companies – they all outsource work for the obvious advantages stated above.
Why You Should Outsource VAT Services?
1. As a
business do you spend a considerable amount of your time and effort in VAT
calculations, VAT return filing, etc. and still don’t arrive at the
correct VAT return figures?
2. Are
you not able to cope up with the complicated nature of the VAT return process
or do you feel helpless while using one of the VAT software?
3. Are
you unaware of various VAT schemes and don’t know which one is the best fit for
your business?
4. Are you not aware of the current VAT rate and don’t
know which rate to apply while buying/selling goods or services?
If your reply is ‘Yes’ to any questions, then you need to
outsource VAT Return Service:
Doshi outsourcing is a top-notch accountancy firm with
offices in UK and India. We provide a wide gamut of Accountancy, Taxation and
the VAT-related services. If you are looking to outsource your VAT return work,
then look no further as we will provide you with sound advice and professional
VAT return services.
Our VAT Services Include
1. VAT
Registration Services:
We will help you register for VAT if you have still not done the same. We
will act as your authorised representatives while dealing with HMRC and other
Govt. bodies, thus saving you a lot of time, money, and effort which otherwise
you would have spent while dealing with them. We also help you to set up your
VAT account and maintain all VAT related records for the relevant authorities
to peruse any time.
2. Documents Collection
We arrange for doorstep pickup of your sales, purchases & expense invoices,
bank/credit card statements, and any other document relevant for VAT
calculation and filing of the VAT return.
3. VAT Calculations
We apply the correct VAT scheme, current VAT rates, and come up with the most
accurate VAT liability/ VAT refund figure for the entire VAT period. We also
include ‘Fuel scale charges’ if required. Our team is highly proficient in all
the VAT accounting techniques.
4. VAT Submission/Payment
We submit your VAT return (quarterly/monthly) on time so that HMRC doesn’t levy
any penalty/surcharge (We do liaison with you and agree on the final VAT figure
before we file the VAT return). We also guide you with various payment methods.
5. Final
Reports
After filing your return, we prepare and send to you a comprehensive VAT report
for your record.
6. VAT
De-registration
If your annual business turnover goes below the threshold of £83000 and thus
you wish to de-register, then we assist you with that as well.
Why Doshi Outsourcing?
Software
We use the latest software such as SAGE Line 50, QuickBooks, Kashflow to
calculate and file your VAT returns as mandated by HMRC under MTD rules
applicable from 01st April 2019 (We can also quickly adapt to any other
software that you are using).
Team
Our VAT team is highly motivated, has decades of experience, and is very
professional. Also, you will be assigned a dedicated consultant to look into
your specific needs and solve your queries, if any.
Fees
The fees that we charge are very affordable, transparent and one of the most
competitive throughout the industry. You would appreciate us for providing you
with world-class services at such cost-effective prices.
Efficiency
We ensure one of the fastest turnaround
times so that you don’t miss any deadlines. Also, we keep you updated via emails
and phone calls so that you don’t miss out on anything important.
Security
Rest assured, all your documents and data
are in very safe hands as we have experience of more than 20 years in this
field. We adhere to best practices to safeguard your data at all times.
CONCLUSION
VAT return has always been very complex and overwhelming
for any business to handle and also evident by the constantly changing rules
and regulations. Hence, a business must outsource this function to a
professional, experienced, and reliable VAT outsourcing firm and focus its
energy and time towards growing its business.
With years of experience and knowledge in providing
best-in-class VAT return services, you simply cannot go wrong with Doshi Outsourcing.
A proof of this fact is that we can boast of more than 3000 clients
belonging to different industries in the UK who avail our VAT services.
0 Comments