VAT Accounting Services
Accountancy Made Simple from only £89/month
Once your taxable turnover crosses £90,000, VAT becomes part of running your business, whether you’re ready for it or not. Caroola handles your registration and your returns, added to your accounting package when you need it.
Everything Needed for VAT Accounting
Not every business needs to think about VAT straight away. Once you’re registered, whether required or by choice, you need accurate returns filed on time, every quarter. That’s where we come in.
Specialist VAT and Accounting Support
Our VAT and accounting services are provided by accountants who are technically qualified, industry accredited, and best-in-class accountancy with decades of experience, not a filing service.
You’ll get your own dedicated accountant for your accounting and your VAT, not a shared inbox or a rotating support team.
Support is unlimited, and quarterly check-ins mean your accountant is looking at your numbers throughout the year, not just once and then gone until the next deadline.
Included in your core accounting:
Cloud accounting software included
Payroll for one employee, run every month
Annual accounts, prepared and filed
Corporation Tax or Self Assessment
Your own dedicated accountant
Support switching from another provider
Available as an additional service:
VAT registration with HMRC
Quarterly VAT returns, prepared and filed
Advice on the right VAT scheme for your business
Who are these services for?
At Caroola, we provide fixed-fee accounting for businesses of every structure: sole traders, limited companies, partnerships and LLPs. If you’re VAT registered, or getting close to the threshold, we can add VAT to your package.
We’re also highly experienced with contractors and the self-employed, so if that’s how your business operates, we can give tailored guidance.
When Do You Need to Register for VAT?
Registration becomes compulsory once your taxable turnover passes £90,000 in any rolling 12-month period, not a tax year or calendar year. You have 30 days to notify HMRC once you cross it, or immediately if you expect to cross it within the next 30 days.
You can also register voluntarily below the threshold, which some businesses do to reclaim VAT on purchases. Either way, once you’re registered, the same rules and deadlines apply.
The Threshold:
£90,000 of taxable turnover in a rolling 12-month period, checked monthly, not against your accounting year.
Registration:
Notify HMRC within 30 days of crossing the threshold, or immediately if you expect to.
Effective Date:
VAT applies from the first day of the second month after you cross the threshold.
Flat Rate Scheme:
A simpler way to calculate VAT for some businesses, worth checking if it suits yours.
Deregistration:
If your turnover falls below £88,000, you may be able to cancel your registration.
Why Choose Caroola for VAT Accounting?
Never Miss a Deadline
VAT returns filed on time, every quarter.
No Hidden Costs
VAT is added to your package clearly, priced upfront, not sprung on you later.
Your Own Accountant
Work with a dedicated accountant who takes the time to understand your business.
Clear Pricing
Our transparent, fixed pricing ensures you know exactly what you’re paying for.
The Right Scheme for You
Advice on standard, cash or Flat Rate VAT accounting, not a one-size-fits-all approach.
How Much Does VAT Accounting Cost?
VAT is added to your package if you're registered, or need to be.
Packages start at £28 + VAT per month for sole traders and £89 + VAT per month for limited companies, with partnerships and LLPs priced based on your setup. That covers your core accounting.
If you’re approaching the £90,000 threshold, VAT registration is available for an additional fee, agreed with you upfront.
Sole Trader
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD ITSA software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Partnerships & LLP
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD ITSA software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Limited Company
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Speak to a VAT Accountant Today
Ready to work together or interested in learning more? Get in touch with the team to start a conversation.
FAQs
- Do I Need to Register for VAT?
Only once your taxable turnover passes £90,000 in a rolling 12-month period, or if you expect to. You can also register voluntarily below that if it suits your business.
- How Much Does VAT Accounting Cost?
Core accounting starts at £28 + VAT a month for sole traders and £89 + VAT a month for limited companies. VAT registration and ongoing VAT support are included as standard in our Sole Trader Plus, Accountancy, and Accountancy Plus packages.
- What Happens If I Don't Register in Time?
HMRC can charge penalties for late registration, backdated to when you should have registered. If you’re close to the threshold, it’s worth getting advice before you cross it, not after.
- Can I Switch to Caroola Part-Way Through the Year?
Yes. No need to wait for year-end. We manage the handover with your current provider.
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