All businesses whose turnover is above VAT threshold are required to register for VAT compulsory and submit VAT returns usually on quarterly basis. This is very complex area and require detailed knowledge of VAT rules. There are various schemes such as Cash Accounting, Standard Accounting, Flat Rate, Margin Scheme, Annual Scheme etc. We analyse your business in great depth to recommend you which VAT scheme suits your business need i.e. those businesses who are more likely to claim back VAT on regular basis are better to be registered on monthly scheme. This will help your business cash flow. There are various VAT rates available such as Standard Rated, Reduced Rated, Zero Rated, Exempt and Outside scope VAT. If you are struggling to understand complex VAT rules, then contact our team. We have expert team who have extensive knowledge in this area and always willing to help you understand the needs of your business.