Business and Personal Tax Advice Services
Business Taxes
AOA Accounting can help you with all aspects of your UK business taxation.
We will optimise your present tax status and assist you in making more informed financial decisions for the future.
- Capital Gains Tax
- Corporation Tax
- Property Tax
- Charities, Not for Profit and Disability
Personal Taxes
All of our clients receive personalised tax advice from AOA. You will receive a professional tax accountant who will spend time getting to know you, your business, and your future business plans before advising on the best tax planning options.
- Capital Gains Tax
- Income Tax
- Property Tax
- Tax Enquiries
Indirect Taxes– VAT
AOA Accounting Services can provide VAT preparation for your business using our Making Tax Digital Software.
Value-added tax (VAT) is a broad-based tax incrementally assessed by consumers on goods and services.
All businesses must register and account for VAT if their taxable turnover in the previous 12 months exceeds the VAT threshold enforced at the time.
If you are VAT registered, you will need to add VAT to items you sell (known as “Output VAT”). There are different rates for different goods and services. This “Output VAT” needs to be paid to HMRC in your monthly or quarterly VAT Return.
Likewise, when you buy goods or services from other businesses, you can claim back the VAT they charge you on those purchases (known as “Input VAT”) via your monthly or quarterly VAT Return.
A VAT registered company calculates its “Output VAT” minus the “Input VAT” and this is the figure you pay or claim from HMRC.
For further information and to get a quote please book a free consultation today and we will discuss how we can help you to minimise any VAT risk to your company.
