VAT returns

How can McPhersons help with your VAT Returns?

At the end of every quarter, or in some cases, annually, a VAT registered contractor or freelancer must add up all the VAT they’ve charged on sales (Output Tax) and then deduct the VAT they’ve paid on business expenses (Input Tax). The information is then included on a VAT return to HMRC.

How can McPhersons help with your VAT Returns?

We can make this process easy for you by submitting your VAT Return for you online. We’ll calculate your total output tax, subtract your Input Tax and either claim a VAT repayment or let you know what you owe HMRC.

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