VAT and Bookkeeping

Want to become VAT registered? Help submitting your VAT returns? Require ongoing bookkeeping assistance? we will ensure everything is completed when it should be.

Expert Bookkeeping and VAT Services Tailored to You

Managing your business finances can be overwhelming, especially when dealing with complex VAT regulations and detailed bookkeeping records.

At Theataccounts, we offer comprehensive bookkeeping and VAT services designed to make compliance easy, save you time, and give you peace of mind.

Whether you're a creative professional, a production company, or a self-employed freelancer, we specialise in financial solutions that keep your business on track. Our qualified team understands your industry and ensures that every pound is accounted for, accurately and on time.

What Is VAT and Why Does It Matter?

VAT (Value Added Tax) is a tax applied to most goods and services in the UK. Understanding VAT is crucial for maintaining compliance and avoiding unnecessary fines.

Our services include:

  • VAT registration and de-registration
  • Accurate VAT return submissions
  • Regular updates on VAT rates, exemptions, and thresholds

If you're unsure whether you need to register, we’ll help you assess your turnover and eligibility. We can even assist you in using the VAT checker to confirm whether your suppliers or partners are VAT registered - keeping your records accurate and audit-ready.

What Is Bookkeeping and Why It’s Essential

Bookkeeping is the foundation of every successful business. It involves systematically recording income, expenses, invoices, and other financial transactions to maintain clarity and compliance.

But what does a bookkeeper actually do?

A professional bookkeeper:

  • Manages receipts and invoices
  • Tracks income and expenses
  • Prepares financial reports
  • Keeps your HMRC records in order

If you've ever wondered "what is bookkeeping?" or "what is a bookkeeper?", think of it as the backbone of your financial health. When done right, it gives you real-time insights into your business performance and helps with tax efficiency.

Your Go-To VAT Accounting Experts

VAT regulations can change quickly, and missing a deadline or misunderstanding a rule can be costly. That’s why you need an experienced accountant for VAT who stays on top of HMRC updates and ensures your returns are accurate.

Our VAT accounting service covers everything from:

  • Filing quarterly and annual VAT returns
  • Claiming input VAT
  • Managing flat rate schemes and partial exemptions

Whether you're a startup or scaling business, we’ve got the tools and knowledge to help you stay compliant and reclaim what's rightfully yours.

Specialised Bookkeeping and VAT Services for the Creative Industry

The entertainment industry faces unique challenges. At Theataccounts, we specialise in bookkeeping and accounting for creatives, from actors and performers to production companies and talent agencies.

We help clients:

  • Simplify expense tracking
  • Manage irregular income
  • Stay compliant with VAT and HMRC

Our clients love that we speak their language, not just accounting jargon. You focus on the spotlight, we’ll handle the spreadsheets.

Why Choose Theataccounts for Your Bookkeeping and VAT?

Here's what sets us apart:

  • Industry-specific experience
  • End-to-end financial support
  • HMRC compliance guaranteed
  • Custom reporting and strategic insights

We’re more than just a bookkeeping service, we’re your partners in growth.

Contact Us For Our Expert VAT & Bookkeeping Services

Let’s take the stress out of your finances. Book a free consultation today and see how we can simplify your VAT and bookkeeping.

Break a leg, not your bank

Book a free consultation with Theataccounts today - tap the "book my free consultation button" and get started

Book my free consultation

FAQ's

Our FAQ Section aims to provide you with clear and comprehensive answers that help you navigate through any uncertainties you may have.

If you have any questions, please do not hesitate to contact our accountants.

What is VAT?

VAT (Value Added Tax) is a tax charged on most goods and services in the UK.

How much is VAT in the UK?

  • Standard rate: 20% (most goods and services).
  • Reduced rate: 5% (e.g., home energy).
  • Zero rate: 0% (e.g., most food, books, children’s clothing).

How to calculate VAT?

To add VAT, multiply your price by 1.2 (for 20% VAT) or 1.05 (for 5% VAT).
To remove VAT, divide your price by 1.2 or 1.05.

We handle VAT registrations, calculations, and submissions for businesses of all sizes—so you don't have to worry about the numbers.

How to check if a company is VAT registered?

We can help you check VAT numbers using HMRC’s VAT checker

Do charities pay VAT?

Some charities qualify for VAT exemptions or zero-rated goods. We advise charities on their VAT status and compliance.

What is bookkeeping?

Bookkeeping is the process of recording all financial transactions in your business to manage income, expenses, and cash flow.

What does a bookkeeper do?

At theataccounts, our bookkeeping services include:

  • Recording transactions.
  • Managing invoices and receipts.
  • Preparing financial reports.
  • Keeping you compliant with HMRC.

Additional services

01905 70 60 50