Managing VAT can be complex, especially with frequent transactions and ever-changing regulations. At Prometheus Accounting, we simplify VAT management for SMEs by combining advanced AI technology with expert oversight to ensure every transaction is accurately recorded and all reclaimable VAT is captured. Using tools like Dext and Hubdoc to process invoices and receipts, our team reviews each entry while AI verifies the accuracy of VAT applications. This meticulous approach keeps your business compliant, maximises VAT reclaims, and ensures you are always audit-ready.
Invoices and receipts are processed using Dext and Hubdoc, automating data entry while our experienced bookkeepers review each transaction for accuracy. AI then verifies VAT applications, ensuring correct calculations and maximising reclaim opportunities through a combination of human expertise and technology.
We support full compliance with Making Tax Digital (MTD) regulations by using HMRC-approved software for digital VAT submissions. AI continuously updates transaction records, while our experts review all data to ensure returns meet the latest HMRC standards.
From supplier invoices to operational expenses, VAT preparation is handled meticulously. Our team stays updated on changing regulations, and AI checks each transaction to guarantee all eligible VAT is documented, helping your business reclaim what it is legally entitled to and enhance profitability.
We manage the complete VAT submission process, combining AI verification with manual reviews to ensure timely, accurate, and compliant filing, reducing errors and discrepancies.
Our reconciliation service ensures VAT records align with your financial statements. AI identifies discrepancies, and our team reviews data thoroughly to maintain accuracy, minimise errors, and reduce audit risk.
In the event of a VAT audit, we provide full support. All invoices and receipts are securely linked to transactions in your accounting system, making documentation readily accessible. Our experienced team guides you through audits, ensuring compliance and preparedness.
We understand the unique challenges SMEs face in managing VAT, from complex regulations to operational expenses. Our services are customised to your business, ensuring VAT returns are accurate, compliant, and optimised.
Receive timely updates on your VAT status, with detailed reports that track upcoming deadlines and VAT reclaims. This helps you manage obligations effectively and maintain healthy cash flow.
Our VAT specialists, supported by advanced AI tools, provide guidance on regulations and advice for maximising VAT reclaims, ensuring your VAT processes are smooth, accurate, and efficient.
At Prometheus Accounting, we combine AI technology with expert oversight to ensure every transaction is processed accurately and your VAT returns are fully optimised. By maintaining compliance and maximising VAT reclaims, we enable you to focus on running and growing your business while we manage all VAT responsibilities efficiently.
Benefit from accurate, compliant VAT returns through a unique combination of AI technology and professional oversight. Each transaction is meticulously reviewed to ensure VAT compliance, giving you confidence that your financial data is reliable and precise.
Recover every eligible penny with comprehensive VAT analysis. AI verifies correct VAT application and identifies missed opportunities for reclaim, while our experts ensure full compliance. This approach maximises reclaim potential and enhances profitability.
Reduce administrative workload with an end-to-end VAT management solution. From invoice and receipt entry to final submission, we manage the entire VAT process. AI-powered tools enhance accuracy, allowing you to focus on growing your business.
Stay prepared for any audit with all VAT documentation securely stored and easily accessible. Invoices and receipts are attached to each transaction, ensuring your records are always audit-ready and fully compliant.
With AI-driven checks and expert manual reviews, your VAT returns are accurate, compliant with HMRC regulations, and fully optimised. We ensure all eligible VAT is reclaimed, giving you confidence and peace of mind.
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Unlock your business’s full potential with a no-obligation consultation. Receive expert guidance and tailored insights to achieve smarter, faster, and more effective financial solutions.
Flat 4 OAK House, Cottons Approach
Romford, RM7 7LN, Untied Kingdom
Send mail:
info@prometheusaccounting.co.uk
Call us: +44 7510 695807
Serving clients across Europe, we provide tailored financial solutions to drive business growth. Backed by an expert team from leading firms, we deliver excellence in financial management. Partner with us to unlock your business’s potential
