Initor Global has been a trusted provider of outsourced VAT services to UK Accountancy Practices since 2006. We specialize in the meticulous preparation of monthly and quarterly VAT returns and working papers for your clients, which are ready for review and submission to HMRC using Making Tax Digital (MTD) compatible software.

Our team of experienced accountants and tax specialists is well-versed in the intricacies of the UK VAT accounting framework, including the flat rate and standard rate schemes, as well as cash and accrual-based systems. We understand that ensuring compliance with VAT rules can be complex, and the consequences of missed deadlines or incorrect submissions to HMRC can be significant. That’s why our qualified accountants and tax specialists are dedicated to providing the VAT services your clients need, often at rates that are up to 50% more cost-effective than equivalent services in the UK. We consistently deliver our services to the professional and quality standards your Practice expects.

Many of our accountants and tax specialists have received training and gained practical experience while working for Practices in the UK, making them well-versed in UK tax regulations and processes. Our services are designed to be adaptable to your specific needs, offering the flexibility to commission work on an ad-hoc basis or work closely with a dedicated, named accountant who seamlessly becomes a remote part of your team.

We take pride in offering completely flexible VAT services that can be scaled to align with your Practice’s growth plans or to manage peak workloads effectively. Additionally, we can assist your Practice in optimizing its workflows to ensure the smooth transmission of data to our accountants, facilitating an efficient turnaround of work.

Our accountants and tax specialists have experience working with all major tax and accounting software and are well-versed in the rules of Making Tax Digital. We can access cloud-based tax and accounting software from our secure servers, or, if preferred, we can securely access your Practice’s server through remote login arrangements.

Our comprehensive VAT services encompass:

• Offering advice on the most suitable VAT scheme for your clients
• Managing VAT registration procedures
• Conducting monthly bookkeeping to support VAT return preparation, including late claims
• Preparing and submitting quarterly VAT returns
• Filing monthly and quarterly VAT returns with HMRC using MTD compatible software
• Providing guidance on payments and refunds from HMRC
• Assisting with VAT deregistration and the filing of final VAT returns.