VAT Services in London, Expert VAT Management
Simplified VAT Services for Your Business — Effortless Compliance Starts Here. At Majestic Accountants, we offer comprehensive VAT services, covering registration, returns, and ongoing compliance management. We also ensure your business fully meets HMRC’s Making Tax Digital (MTD) requirements.
What is VAT and Making Tax Digital (MTD)?
VAT (Value Added Tax) is a consumption tax applied at each stage of the supply chain. Businesses calculate their VAT liability by working out the difference between input VAT (paid on purchases) and output VAT (collected on sales).
Since April 2019, most VAT-registered businesses have been required to submit VAT returns digitally under HMRC’s Making Tax Digital (MTD) rules. This means returns must be filed using MTD-compatible software, such as Xero or QuickBooks.
At Majestic Accountants, we use MTD-approved software to ensure your VAT submissions are accurate and on time. Our proactive approach helps your business avoid penalties and stay fully compliant with HMRC’s latest regulations.
When Should You Register for VAT?
You must register for VAT if your taxable turnover exceeds £90,000 in the last 12 months or if you expect it to surpass this threshold within the next 30 days. If your turnover is below the threshold, you can still register voluntarily — which can boost your credibility with suppliers and clients, and potentially improve cash flow. At Majestic Accountants, we handle your VAT registration from start to finish, ensuring your business stays fully compliant with HMRC requirements.
Key Steps in VAT Registration:
Assess your turnover against HMRC thresholds.
Choose the right VAT scheme for your business.
Complete and submit your VAT registration.
Our Services
We understand that every business is unique, which is why we offer bespoke accounting packages designed to meet your specific requirements. Our services include:
Company formation & Start ups
We offer a hassle-free company formation service, handling business registrations and compliances. Our experts ensure seamless incorporation, including VAT registration, PAYE setup, and strategic guidance for new businesses.
Accounts & Bookkeeping
We provide accurate financial reporting and ensure timely submissions to remain fully compliant with regulations. Our team handles everything from bookkeeping, annual statutory accounts, management accounts etc, empowering you to make informed decisions.
Tax Returns
Our expert tax return services covers Corporation Tax Returns, Self Assessment Tax Returns, VAT Returns, and Capital Gains Tax. We also provide tailored tax advisory to ensure compliance and maximise tax efficiency.
VAT Services
Payroll Management
Managing payroll with complex areas of auto enrolment and pension can be time-consuming. Our payroll services guarantee timely and accurate salary payments, tax deductions, and compliance with HMRC requirements.
Registered office address
Our Registered Office Address service provides a prestigious business address for official correspondence, ensuring compliance with Companies House and HMRC. We also handle mail forwarding and keep your personal address private.
Each service is carefully crafted to add value, enhance efficiency, and drive sustainable growth for your business.
What do our customer say about us
Contact Us
At Majestic Accountants, we prioritise accessibility and ease of communication. Our offices are strategically located to serve you better, whether you’re in Ealing, Hounslow, or Central London. We have experienced and professional staff ready to provide personalised accounting and financial solutions tailored to your needs.
For seamless communication, we offer an easy-to-use Contact Form on our website. Whether you have specific inquiries, require detailed information about our services, or need assistance with ongoing financial matters, our team is just a message away.
Choosing the Right VAT Scheme for Your Business
Choosing the right VAT scheme is crucial for managing cash flow and staying compliant. HMRC offers a range of schemes, including:
Standard VAT Scheme
Annual Accounting Scheme
Cash Accounting Scheme
Specialised Schemes, such as the One Stop Shop (OSS) for eCommerce businesses
Our experienced accountants help you select the right scheme, tailored to your business type and financial goals, so you benefit from the most efficient VAT setup.
Why Choose Us
Qualified Chartered Accountants
Our highly qualified London-based team is accredited by prestigious institutions such as ICAEW, ATT, and ACCA, delivering top-tier accounting and tax services tailored to your business needs.
Free Initial Consultation
Every business is unique, so we customise our approach to align with your accounting and tax advisory requirements, ensuring personalised financial solutions that drive growth.
Professional & Dedicated Accountants
Our expert London accountants provide dedicated support for tax, accounting, and business planning. With a single point of contact, you receive seamless, high-quality financial guidance.
Expertise in Leading Accounting Software
Our experienced accountants are proficient in industry-leading software like QuickBooks, Xero, and more, streamlining your bookkeeping for clear, data-driven financial insights.
Transparent & Fixed Pricing
Unlike many firms, we offer fixed monthly pricing with no hidden fees, ensuring a transparent and predictable fee structure for your business.
Unlimited Support & Guidance
Gain full access to our expert accountants for tax and financial queries, helping you manage cash flow efficiently and scale your business with confidence.
Our Specialists
At Majestic Accountants, we take pride in offering specialised accounting services tailored to meet the unique needs of various industries and professionals. Our team of experts is equipped with in-depth knowledge and experience to address the distinct financial challenges faced by sole traders, landlords, builders, restaurant owners, and e-commerce businesses.
Sole Traders
We provide dedicated support designed specifically for self-employed individuals. From managing day-to-day bookkeeping to preparing and submitting annual tax returns, our team ensures that sole traders remain compliant with regulations while maximising their financial efficiency. We understand the independence and ambition that comes with being self-employed, and we’re here to make managing finances simpler and stress-free.
Landlords
When it comes to Landlords, we excel in property taxation and financial management. Our team is well-versed in navigating complex property tax rules, handling rental income, and managing allowable expenses. Whether you own a single rental property or a vast portfolio, our accountants ensure you’re making the most of your investments while remaining fully compliant with HMRC guidelines.
Construction Industry
For those in the Construction Industry, our accountants for builders offer specialised services tailored to the sector's unique financial demands. From CIS (Construction Industry Scheme) compliance to managing project budgets and handling subcontractor payments, we streamline your financial operations so you can focus on delivering exceptional results on-site.
Hospitality
In the Hospitality Sector, running a restaurant comes with its own set of financial complexities. Our accountants for restaurants provide tailored financial solutions that include inventory management, staff payroll, VAT calculations, and profit margin analysis. We help restaurant owners maintain financial clarity, reduce operational costs, and drive profitability in a highly competitive industry.
E-commerce
Finally, for E-commerce Businesses, our experts specialise in navigating the intricacies of online financial management. With experience in handling multi-channel sales platforms, cross-border taxation, and payment gateway integrations, we ensure your e-commerce operations run seamlessly. From cash flow monitoring to financial forecasting, we help online businesses thrive in the fast-paced digital marketplace.
Small Businesses
At Majestic Accountants, each sector receives dedicated attention from our experienced professionals, ensuring you have a financial partner who understands your business inside and out. With us, you can focus on growth while we handle the numbers.
Blog & Articles
Our Latest Articles section features expert-written content that breaks down complex financial topics into easy-to-understand advice. Whether you’re a small business owner, a sole trader, or an entrepreneur, our blog is your go-to resource for practical tips, industry updates, and actionable strategies to drive financial success.
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