VAT compliance is a crucial aspect of financial management, and our dedicated team is here to guide you through every step of the process.


VAT can be complex, and our accounting team is committed to simplifying the calculation process, providing clarity, and making your business successful.

On Call Accounting

VAT Services

Welcome to On Call Accounting, your trusted partner in navigating the complexities of Value Added Tax (VAT) in the dynamic landscape of London. As a hub of commerce and diverse business activities, London demands precision in financial management, and our dedicated team is here to provide comprehensive VAT services to your unique business needs. At On Call Accounting, we recognise the significance of VAT compliance and its impact on your financial operations. Our welcome extends to businesses seeking clarity on VAT rates, thresholds, and the intricacies of the VAT calculation process. We are committed to demystifying VAT for you, explaining the standard and reduced rates, and guiding you through the VAT compliance journey. Trust On Call Accounting is your ally in optimising your VAT position, providing expert advice, and offering a tailored approach to meet unique challenges.

Frequently Asked Questions

How does the VAT Flat Rate Scheme work, and who can benefit from it?

The Flat Rate Scheme allows businesses to pay a fixed percentage of their turnover as VAT, simplifying the calculation process. It is suitable for businesses with lower input VAT.

What are the standard and reduced VAT rates?

The standard VAT rate is 20%, and there are reduced rates (5% or 0%) applicable to certain goods and services.

What is the process for calculating VAT on sales and purchases?

VAT on sales is calculated by multiplying the selling price by the applicable VAT rate. Input VAT on purchases is similarly calculated. The difference is paid to or reclaimed from HMRC.

Can you assist with VAT registration and compliance?

Yes, On Call Accounting offers comprehensive assistance with VAT registration, compliance, and ongoing support to ensure adherence to HMRC regulations.

How does VAT apply to businesses engaged in international trade?

VAT applies to imports and exports, with specific rules for cross-border transactions. The reverse charge mechanism may also be applicable in certain cases.

Why Should You Choose On Call Accounting?

Our team of accountants have wealth of accounting experience of providing excellent and tailored services to our clients. We are committed to provide excellent accounting services to all. Nearly 60% of new clients are recommended to us by our existing valuable clients.

We pride ourselves in providing a prompt, professional, and cost-effective service to our clients. We are happy to agree fixed fees for the work undertaken where the terms have been agreed with the client. Our firm is accredited by the Certified Public Accountants Association of the United Kingdom.

Get In Touch With Us

On Call Accounting values your inquiries and is eager to assist you. If you have any inquiries or if there’s anything specific you’d like to discuss regarding our Accountancy and Tax services, our dedicated team is ready to assist you.