Because we generate your work on a regular basis we can always tell you where you are up to with the amount of VAT owed to Customs and Excise. This will help you with your budgeting.
At the end of each quarter we back up you records and file them with a report suitable for H M Custom and Excise to read. Each transaction is numbered to match the report to make it easy to trace any invoices and prove where VAT has been claimed or reclaimed.
It is essential to keep up to date with the changes in VAT legalisation.