Our VAT Service is designed to support self employed Slimming World consultants who have reached the VAT threshold.
Based on our highly popular MalgraBooks Premium service, the VAT package enhances the support and reduces administration by using digital accounts systems to comply with HMRC’s VAT regime.
Our system allows simple upload of documents from your consultancy business and has simple to use forms within our Business Cloud.
Key Features
- Secure, Cloud Accounts: MalgraBooks provides secure, cloud-based accounting software. Users can access their accounts from anywhere, adding expenses and shop income via a simple form. They can also upload their PFS documents for the MalgraBooks team to process.
- Quarterly Making Tax Digital Reporting: MalgraBooks prepares and submits quarterly VAT returns directly to HMRC on behalf of the users. This reduces errors and ensures compliance with VAT regulations.
- Tax Return Submission: At the end of each financial year, MalgraBooks prepares the SA302 Tax Summary and SA100 Tax Return for the users, ready for electronic submission to HMRC.
- Support for Other Income: If users have other job roles (employment) or businesses (self-employment), MalgraBooks includes these figures in the calculations to ensure the correct tax is determined.
- Tax Knowledgebase Access: Users can access the tax knowledgebase to find answers to common questions, with minimal accounting lingo and examples tailored to a consultant’s life.
- Priority Support: Users can keep in touch with the MalgraBooks team directly via email, telephone, live chat, and even video calls. They are also invited to regular webinars and receive priority responses to their queries