Returning your VAT quarterly can seem like an intimidating prospect, but it’s not as difficult as you might think! Your government allows you to claim back any money you’ve spent on business expenses over the previous quarter, making it so that you only need to pay what’s left over after the deductions have been made. To make sure you don’t end up owing more money than you need to, keep these tips in mind when filing your VAT returns UK-wide! Why are VAT returns important? We’ve got your answers below and the most comprehensive guide on VAT returns UK you can find online. Welcome to our complete guide on what you need to know about VAT returns in the UK – from how to submit them and when, to how they relate to your self-assessment tax returns and how their submission could affect your business. Let’s take a closer look at this crucial part of your annual accounting cycle. Make sure that you file your VAT Returns UK properly if you’re using a Self-Assessment Tax Return, as they can be costly if not filed accurately. Read more