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N° 05 / 08 · Service

VAT Returns

Quarterly under MTD — with a quiet eye on partial exemption and flat-rate.

Engagement

Quarterly fixed fee · quoted on enquiry

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Overview Overview

VAT looks simple until it isn’t. Partial exemption, the flat-rate scheme, reverse-charge construction services, and the post-Brexit border are the four edges where most practices drop the ball. We watch all four.

Included in scope

  • 01 Quarterly VAT returns under MTD
  • 02 Scheme review (standard, flat-rate, cash, annual)
  • 03 Partial exemption calculations
  • 04 EC sales lists & reverse-charge handling
  • 05 VAT registration / deregistration advice
In Practice

Where this shows up
in the work.

These are the four edges in detail. Partial exemption — clients making a mix of taxable and exempt supplies who quietly over-claim input VAT. The flat-rate scheme — clients who joined when it suited them and haven’t reviewed since the limited-cost trader rules tightened in 2017. Reverse-charge construction services — the CIS-VAT interaction that came in 2021 and still trips up subcontractors annually. The post-Brexit border — distance sales, OSS / IOSS, and the £135 threshold for non-UK sellers. We watch all four as a matter of course, not in response to a query.

Recurring scenarios

  • 01 A consultancy approaching the £90,000 registration threshold — we model the tipping point, the impact on net pricing, and whether voluntary registration earlier would actually be cheaper.
  • 02 A construction subcontractor whose CIS-deducted invoices are also reverse-charge supplies — we set up the bookkeeping so the VAT return reflects actual liability, not an inflated one.
  • 03 A flat-rate scheme client now buying enough goods to be a ‘standard’ trader — we re-test the limited-cost trader percentage each quarter and switch back to standard rate the moment it’s beneficial.
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