Compliance checks, VAT and MTD Compliance

Compliance checks

Only a small percentage of checks are random, the majority of checks are due to analysis of the risk of your tax being incorrect.

It’s fine if the matter is straightforward but if you are not comfortable being quizzed whilst you are busy running your business, we here at Aragonvile Ltd will be only too glad to field questions on your behalf.

Our team has vast experience dealing in every aspect of compliance checks whether it is to do with VAT or PAYE we will explain everything in a simple manner to keep you compliant and avoid any penalties from HMRC.

Vat compliance

Being compliant with VAT law is a daunting thought for many businesses, our VAT team help ensure businesses are compliant in all areas of VAT from knowing what rate of VAT to charge on sales to the filing VAT returns.

We have extensive knowledge in all areas of VAT.

Whether you are just starting your business and want to register voluntarily or you have gone past the VAT threshold our team of accountants have the resources to aid in the smooth running of your business.

We can advise on which VAT schemes are available for your business and whether they are beneficial from both a financial and operational sense.

Making Tax Digital is intended to bring the UK tax system into the 21st century by providing businesses with a modern, streamlined system to keep their tax records and provide information to HM Revenue & Customs (HMRC). 

The first to be affected are small businesses and individuals with a turnover above the VAT threshold of £85,000, who are required to keep digital records for VAT purposes from April 2019.

Further roll out of Making Tax Digital is expected to affect small businesses under the VAT threshold.

Our team are always at hand to ensure the best outcome is achieved.