Kingswood Accounting Services: The specialist VAT accounting service for the independent retailer(

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For newsagents, grocers, convenience stores and village shops, we may be able to offer a free no-obligation audit.

Call 01603 861474.

Most newsagents, grocers, convenience stores and village shops pay more VAT than is necessary. Even when an accountant does the calculations or if they do it themselves.

Why would they do this? Simply because they do not know they are doing it. VAT was conceived as a simple tax and traders and their accountants generally look for simple solutions - overlooking the cost penalty.

Retailers such as these sell goods at several rates of VAT. They have to choose one of a number of Retail Schemes. Pick the wrong one and it could cost you dearly. Maybe as much as 10% of your net profit.

Kingswood Accounting Services brings its specialist knowledge of the VAT retail schemes - previously only available to the bigger traders such as supermarket chains - within the range of the independent shopkeeper.