It is paramount for every business to maintain accurate books and records, as this only reflects on how accurate the accounts are in showing a true & fair financial position at the year end. Many individuals prefer to maintain their own books and records, and compute their own VAT liabilities. However, as business advisors, it makes sense for us to maintain such duties as this can only have a favorable impact on the full year end statutory accounts preparation. It can also help reduce your final year-end accountancy costs and make quarterly VAT submissions easy.
Please contact us to see how we can offer our assistance