UK and International Compliance
Growing and expanding your business is exciting but with so many complex VAT requirements, many businesses find it daunting. Ensuring VAT compliance across both UK and international markets is vital for businesses involved in cross-border trade. At Savill Birch, we help you identify all your filing requirements around the world based on your intended markets and we can prepare and submit your VAT/GST returns for you, ensuring your business remains compliant no matter where you trade. We monitor the constantly evolving VAT landscape, so you don’t have to.
UK VAT Registration and Returns
Although most accounting software offerings allow VAT returns to be filed automatically, the accuracy of the return is dependent on how the data is entered. We offer a VAT return review service to support clients who are able to file themselves. For those that are less comfortable or are not utilising accounting software, we offer the full preparation and filing service via our bridging software. For businesses just starting up, we can arrange your VAT registration.
EU VAT returns
The EU VAT rules changed in 2021, and we saw the introduction of new returns in the Import One Stop Shop (IOSS) and One Stop Shop (OSS). Although these are simplification measures, it has led to confusion as to what returns are required for businesses trading in the EU. For businesses with a mix of marketplace and non-marketplace sales, it can be even more confusing. We can help you understand all your compliance needs when trading in or with the EU and facilitate the VAT registrations you need. We take care of all VAT return filings for you so all you need to do is settle the tax owed and carry on selling.