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Why Should You Outsource VAT Return Services?

Updated: Jul 22, 2020

Outsourcing is an agreement in which company X  hires company Y  to perform services that traditionally were performed in-house by company X’s own employees and staff. Apart from the advantages such as being cost-effective and saving time and effort, outsourcing also helps the business to focus on its core strengths and direct its resources to gain upper hand vis-a-vis its competitors.


In the past few decades, Outsourcing has become very popular worldwide. Sole-traders, Partnership firms, small businesses, big companies – they all outsource work for the obvious advantages stated above.


VAT return has always been very complex and overwhelming for any business to handle and also evident by the constantly changing rules and regulations. Hence, it is very imperative for business right from the outset that it decides to outsource this function to a professional, experienced and reliable VAT Outsourcing firm and focuses its energy and time towards growing its business.


Why should you outsource VAT return services?


  1. As a business do you spend a considerable amount of your time and effort in VAT calculations, filing VAT return, etc. and still don’t arrive at the correct VAT return figures?

  2. Are you not able to cope up with the complicated nature of VAT returns process or do you feel helpless while using one of the VAT software?

  3. Are you unaware of various VAT schemes and don’t know which one is the best fit for your business?

  4. Are you not aware of the current VAT rate and don’t know which rate to apply while buying/selling goods or services?

If your reply is ‘Yes’ to one or more of the above-mentioned questions, then you need services of an experienced, professional and reliable VAT outsourcing firm.


‘Doshi Outsourcing’ is a top-notch accountancy firm based out of UK and India. We provide a wide gamut of Accountancy, Taxation and VAT-related services. If you are looking to outsource your VAT return work then look no further as we will provide you sound advice and professional VAT return services.


‘Doshi Outsourcing’ VAT Return services include:


  • VAT Registration and other services:

We will help you register for VAT if you have still not done the same. We will act as your authorised representatives while dealing with HMRC and other Govt. Bodies thus saving you a lot of time, money and effort which otherwise you would have spent while dealing with them. We also help you to set up your VAT account and maintain all VAT related records for the relevant authorities to peruse any time.


  • Collection of client’s documents:

We arrange for door-step pickup of your sales, purchases, expense invoices, bank/credit card statements and any other document relevant for VAT calculation and filing of VAT return.


  • VAT Calculations:

We apply the correct VAT scheme, current VAT rates and come up with the most accurate VAT liability/ VAT refund figure for the entire VAT period. We also include ‘Fuel scale charges’ if required. Our team is highly proficient in all the VAT accounting techniques.


  • VAT Submission/Payment:

We submit your VAT return (quarterly/monthly) on time so that HMRC doesn’t levy any penalty/surcharge (We do liaison with you and agree to the final VAT figure before we file the VAT return). We also guide you with various payment methods.


  • Final Reports:

After filing your return, we prepare and send to you a comprehensive VAT report for your record.


  • VAT De-registration:

If your annual business turnover goes below the threshold of £83000 and thus you wish to de-register, then we assist you with that as well. 


Why choose 'Doshi' to outsource your VAT return services?


  • Software:

We use the latest and specified software such as SAGE Line 50, Quickbook, Kashflow to calculate and file your VAT returns as mandated by HMRC under MTD rules applicable from 01stApril, 2019 (We can also quickly adapt to any other software that you are using).

  • Team:

Our VAT team is highly motivated, has decades of experience and is very professional. Also, you will be assigned a dedicated consultant to look into your specific needs and solve your queries, if any.


  • Fees:

The fees that we charge is affordable, transparent and one of the most competitive throughout the industry. You would appreciate us for providing you with world-class services at such cost-effective prices. 

  • Efficiency:

We ensure one of the fastest turnaround times so that you don’t miss any deadlines. Also, we keep you updated via emails and phone calls so that you don’t miss out on anything important.


  • Security:

Rest assured, all your documents and data are in safe hands as we have experience of more than 20 years in this field. We adhere to best practices to safeguard your data at all times.


Conclusion: With years of experience and knowledge in providing best-in- class VAT return services at affordable prices, you simply cannot go wrong with ‘Doshi Outsourcing’. A Testament to this fact is that we can boast of more than 3000 customers belonging to different industries in UK who avail of our VAT return services. To know more about the range of services we provide, kindly visit our website: Doshi Outsourcing


 
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