Value Added Tax (VAT) is a tax that must be paid when purchasing services or goods.

At Virgos Associate we can help you through the whole VAT process, including:

  • Preparation and submission of your VAT returns
  • VAT registration
  • Guidance and advice on VAT rates changes

All businesses that have a turnover of more than £85,000 must pay and add VAT to all the products and services that they buy and sell. We can help ensure you pay this to the HMRC on-time with your quarterly return.

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Self assessment

Our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax, whether you're considering investments, a second home, or another asset.

Corporation tax

Every year, corporation tax rates and reliefs vary, so we make sure we can offer all the necessary assistance and advice when examining potential exemptions, allowances, and deductions.

In order to make sure you are in compliance and avoid fines, we will carefully evaluate and produce corporate tax filings.

Capital gains tax

Whether you're considering investments, a second home, or another item, our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax.

Personal tax planning

We can help walk you through the complicated subject of personal taxation, we are aware that it can be challenging to grasp, therefore we support you every step of the way. By developing a tax planning approach that works for your tax situation and helps ensure you pay the least amount of tax, we eliminate the time and worry involved. Our staff will provide guidance on when payments are due in addition to what paperwork must be submitted and returned in order to maintain compliance.

Latest news from Virgo Associates

May 23, 2024
Government promise to cut National Insurance confirmed

While commenting on the GDP growth and what it indicates about the economy, the Prime Minister again drew attention to National Insurance.

Read article
May 22, 2024
Are you an early bird?

HM Revenue & Customs (HMRC) have released figures showing that 295,250 Self Assessment tax returns were filed in the first week of the new tax year. Almost 70,000 were filed on the first day – April 6th.

Read article
May 21, 2024
Understanding economic changes: How recent events affect businesses

Data releases in recent weeks from the Office of National Statistics (ONS) coupled with Bank of England decisions might make recent news about the economy seem a bit confusing. Understanding how this news affects businesses is important so let’s break it down.

Read article
May 16, 2024
Shott Scale Up Accelerator: Leadership programme opportunities available

Making the leap from a technical expert to a business leader can be challenging. The Shott Scale Up Accelerator is a 12-month programme that aims to help senior decision-makers in high-growth engineering and tech SMEs develop the skills needed to scale their business to the next level.

Read article
May 14, 2024
Introducing WorkWell: A £64 million initiative to support workplace health and well-being

The UK government has announced a new initiative aimed at helping people with health conditions stay in or return to work.

Read article
May 13, 2024
Official figures show that the UK no longer in recession

Figures published by the Office for National Statistics on 10 May 2024 show that the UK has officially exited recession.

Read article
May 9, 2024
How might the changes to company size thresholds affect your business?

From October 2024, company size thresholds are to increase by 50%. For each company, these new thresholds will begin to apply from the start of the next accounting period commencing on or after 1 October 2024. But what are the implications of these changes to your company?

Read article
May 8, 2024
Is your use of AI compliant with health and safety?

The Health and Safety Executive (HSE) has published an article outlining its approach to regulating artificial intelligence (AI) in workplaces.

Read article
May 23, 2024
Government promise to cut National Insurance confirmed

While commenting on the GDP growth and what it indicates about the economy, the Prime Minister again drew attention to National Insurance.

Read article
May 22, 2024
Are you an early bird?

HM Revenue & Customs (HMRC) have released figures showing that 295,250 Self Assessment tax returns were filed in the first week of the new tax year. Almost 70,000 were filed on the first day – April 6th.

Read article
May 21, 2024
Understanding economic changes: How recent events affect businesses

Data releases in recent weeks from the Office of National Statistics (ONS) coupled with Bank of England decisions might make recent news about the economy seem a bit confusing. Understanding how this news affects businesses is important so let’s break it down.

Read article
May 16, 2024
Shott Scale Up Accelerator: Leadership programme opportunities available

Making the leap from a technical expert to a business leader can be challenging. The Shott Scale Up Accelerator is a 12-month programme that aims to help senior decision-makers in high-growth engineering and tech SMEs develop the skills needed to scale their business to the next level.

Read article
May 14, 2024
Introducing WorkWell: A £64 million initiative to support workplace health and well-being

The UK government has announced a new initiative aimed at helping people with health conditions stay in or return to work.

Read article
May 13, 2024
Official figures show that the UK no longer in recession

Figures published by the Office for National Statistics on 10 May 2024 show that the UK has officially exited recession.

Read article
May 9, 2024
How might the changes to company size thresholds affect your business?

From October 2024, company size thresholds are to increase by 50%. For each company, these new thresholds will begin to apply from the start of the next accounting period commencing on or after 1 October 2024. But what are the implications of these changes to your company?

Read article
May 8, 2024
Is your use of AI compliant with health and safety?

The Health and Safety Executive (HSE) has published an article outlining its approach to regulating artificial intelligence (AI) in workplaces.

Read article
February 21, 2024
Action Fraud warns of remote access scams

Action Fraud has received over 30 crime reports since June 2023 relating to remote access scams targeting businesses, with victims reporting losses totalling over £3.8 million.

Read article
September 18, 2023
Google AI training for start-ups and small businesses

Google have launched AI (Artificial Intelligence) focused online training for people and businesses to help capture the benefits of AI, whether it’s to save time, get a new job, or grow your business.

Read article
February 21, 2024
The Autumn Statement is scheduled for 22 November 2023

The Chancellor of the Exchequer, Jeremy Hunt, has confirmed that the Autumn Statement will be on 22 November 2023. The Autumn Statement can affect tax policy, benefits, and much more. The Chancellor will make his announcement to Parliament, setting out the Government’s plans on all matters fiscal and economic. Interestingly, this could be the Chancellor’s last statement before the next General Election, depending on the time frame that the government chooses.

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February 21, 2024
ICO consultation on the draft biometric data guidance

The Information Commissioner's Office (ICO) has produced guidance on biometric data and biometric technologies.

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February 21, 2024
AI Safety Summit

The AI Safety Summit will take place on the 1st and 2nd November at Bletchley Park.

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February 21, 2024
Creating value through innovation

Innovation has generally been recognised as essential for value creation, both for individual companies and for the UK economy as a whole. The development of new ideas, processes, and technologies and their flow across different sectors is a significant driver of economic growth and productivity. Recently, innovation has also been identified as crucial to the transition of the economy away from fossil fuels and carbon-intensive business activities.

Read article