Sigma Accounting:

Sigma Accounting specialises in providing accountancy and business advisory services to owner managed businesses based on the Isle of Man.

For an informal discussion about how we can help you with the accountancy requirements of your business please contact us.

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SIGMA accounting

Sigma Accounting is registered in the Isle of Man (number 023280B)

and is a member of the ICAEW Practice Assurance Scheme.

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VAT:

VAT can be an extremely complex area for any business, the extensive regime of regulations can be a significant administrative burden. Mistakes in calculating VAT or mistiming registration can be costly, and the rigid system of penalties and interest charges for mistakes, or the late submission of returns, add to that burden.

Our cost-effective VAT compliance and planning services can relieve you of this burden. We can help to keep your VAT affairs in order and make sure you are collecting the right amounts for each transaction - as well as ensuring that you make payments and file returns correctly, and on time.

In addition to providing a comprehensive bookkeeping and VAT accounting service, we can also advise on and help with:

• The pros and cons of voluntary registration

• The timing of compulsory registration

• Extracting maximum benefit from the rules on de-registration

• Partial exemption

• Flat Rate VAT schemes

• VAT on imports and exports

• VAT control visits by Customs and Excise

To discuss how Sigma Accounting can help you with your VAT compliance requirements please contact us.