14 The Strand, Newlyn, Cornwall, TR18 5HN

VAT

VAT Returns & Making Tax Digital | Penzance, West Cornwall

VAT compliance can be deceptively complex — especially with Making Tax Digital (MTD) now mandatory for most VAT-registered businesses. Mounts Bay Accountants handles VAT registration, quarterly returns and MTD compliance for businesses across Penzance, Newlyn and West Cornwall.

If you’re approaching the VAT registration threshold (or have already crossed it), we’ll guide you through registration, help you choose the right VAT scheme for your business — standard, flat rate or cash accounting — and make sure your first returns go in correctly.

For ongoing VAT compliance, we can prepare and file your quarterly returns, reconcile your VAT account, and manage any HMRC correspondence. All submissions are made under Making Tax Digital using compatible software (Xero, QuickBooks or Sage), so you’re fully compliant from day one.

We also advise on VAT planning opportunities — partial exemption, the construction reverse charge, and other areas where the rules are easily misapplied.

VAT and Making Tax Digital services for businesses across Newlyn, Penzance, Helston, St Ives, St Just and the wider West Cornwall area.