Mon 21, 2025

Are you paying the correct amount of VAT

For many business owners, VAT can feel like a minefield – complex rules, changing regulations, and the constant pressure to get it right. But what if your business is unknowingly overpaying VAT? At McKenzies Accountants, we offer a professional VAT Health Check service designed to uncover hidden savings and ensure your VAT processes are fully compliant.

Whether you’re a small business in Oxted or a growing company in the UK, our tailored VAT services can help you take control of your finances and avoid costly mistakes.

Why a VAT Health Check Matters

VAT is one of the most misunderstood areas of business tax. With multiple VAT rates, exemptions, and schemes available, it’s easy to make errors that lead to overpayments, or worse, penalties from HMRC.

A VAT Health Check is a proactive review of your VAT returns, accounting methods, and applied rates. It helps identify:

Overpaid VAT that could be reclaimed
Incorrect VAT treatment of goods or services
Missed opportunities to use more efficient VAT schemes
Risks of non-compliance that could trigger an HMRC investigation

Tailored VAT Services for Oxted Businesses

As trusted accountants in Oxted, we understand the unique challenges local businesses face. Our VAT Health Check is not a one-size-fits-all service, it’s a personalised review based on your industry, business size, and trading model.

We’ll assess whether you’re using the most suitable VAT accounting method (standard or cash basis), and whether schemes like the Flat Rate Scheme or Margin Scheme could benefit your business.

What’s Included in a VAT Health Check?

When you choose McKenzies for your VAT review, you’ll receive:

A full analysis of your recent VAT returns
Review of VAT rates applied to sales and purchases
Identification of reclaimable VAT
Recommendations for improving VAT efficiency
Guidance on avoiding future errors

Our experienced team of tax advisors and accountants will walk you through the findings and help implement any necessary changes.

Avoid VAT Overpayments – Act Now

Reclaiming overpaid VAT can be time-consuming and complex, but with McKenzies on your side, it doesn’t have to be. Our team of accountants will handle the process from start to finish, ensuring you receive any refunds you’re entitled to and that your VAT submissions are accurate going forward.

Why Choose McKenzies Accountants?

With decades of experience supporting businesses across Surrey and South London, McKenzies is your go-to partner for VAT services in Oxted and beyond.

In addition to VAT, we offer a full range of accounting services including: