For business owners wishing that VAT was paid monthly instead of quarterly, Green & Co can provide expert advice on the suitability of the annual accounting scheme for your business.
The scheme has many benefits, including:
You complete just ONE return per year!
You can choose to make nine equal interim payments at monthly intervals, with a final balancing payment once the return has been filed. However, you can make additional payments as and when you wish.
Longer payment time
You have two months to pay instead of the usual one!
There are also downsides to the measure, but with significant experience in helping clients to access this scheme, Green & Co would welcome the opportunity to assist and advise you on the pros and cons of annual accounting for your business.
Please get in touch with us for more information on the annual accounting scheme.