Author: avid-partners

VAT Overview

If your company is operating a business in Ireland, selling a vatable product or service and you exceed the turnover thresholds  then you are obliged to register for VAT. It is a legal obligation to register if your turnover exceeds these thresholds.  If you go above these thresholds and do not register the Revenue Commissioners can register you themselves. Then they will charge you VAT on your sales on the basis that you should have been charging vat for the whole of the year that you first exceeded the threshold onwards. If as is often the case in a recession you fall below the thresholds then you can also deregister for vat.

VAT Return Services

Avid Partners provide a range of VAT compliance services to clients who engage regarding VAT returns including advice, best practice procedures and compiling/submitting VAT 3 forms on behalf of clients to revenue. These VAT 3 forms are payable every two months and usually by the 23rd of the designated month. We can also process a VAT refund on a clients behalf in situations where the VAT paid on purchases is greater than the VAT received from sales. Avid Partners also provide advice on a range of vat problems including refunds in respect of purchase of commercial motor vehicles or any large business related purchase.

Contact Avid Partners today to see how we can assist your business through our VAT Returns Service. Arrange a free consultation with us to talk through the specific aspects of your business and we will tailor a service to match your needs.
You can phone us on 01 4286900, email us at advice@avidpartners.ie

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  • “Your business approach to clients is very impressive. I have always found that when explaining the types of service on offer, it is always concise and straight forward. The level of trust that clients place in your company and its staff speaks volumes.”

  • “Service is second to none; there is always someone at the end of the phone for any business advice. The staff are very easy to get along with, very approachable and know exactly what they are talking about”.

     

  • “We have total faith in Avid Partners looking after all our financial needs from week to week business accounting to yearly revenue returns and all taxation issues. Avid Partners have helped us through these difficult times with quarterly business development meetings and strategies to keep us focused on the changing economic environment. ”

  • “I wish to thank you for your support, advice and hand holding throughout the management buy-out. It is critical to have professional advisers who demonstrate a strong commercial and technical understanding of corporate transactions. You certainly showed strong understanding and ability and we look forward to continuing our relationship into the future.”

  • “Avid Partners – Accountants & Business Advisors are an excellent firm of accountants, their quality ethos is outstanding.”

  • AvidPartners ensures that my accounts are always up to date and accurate, so I can take care of my business, without the hassle of accounting, which I am not a fan of.

  • “In our dealings with Jamie and the other staff members, we have found them to provide a proactive and speedy turnaround service which enables us to maintain a strong financial culture within our company. We couldn’t ask for more.”

  • “I would like to take this opportunity to say how much we are impressed with your company’s professionalism, it has been a pleasure working with you all and we look forward to working with you in the future.”

  • “The team at Avid Partners – Accountants & Business Advisors demonstrate an ability to “think outside the box” and they have a clear understanding of what is required to deliver on their clients’ financial needs. They are always a pleasure to work with.”

  • “I would like to say I’m very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with.”