Domino - VAT Consultants

Domino VAT Consultants

Welcome to the site dedicated to VAT for the retail sector

Select one of the following for further information
About Domino
The Services We Offer
Savings Achieved
We come recommended
 
So you think you have the perfect VAT return
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About Domino

Domino VAT Consultants was set up in 1984 to specialise in the preparation of VAT returns for retailers. There are now 22 offices covering England and Wales and we have completed more than 35,000 returns.

Our Consultants have a wide variety of experience in related fields such as accountancy and retailing. With this experience we understand the problems of running a small business.

Using our advice and assistance the retailer can benefit from

  • Greater peace of mind
  • More free time
  • Better control of the business
  • In certain cases more cash in their pocket
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The Services We offer

  • Free initial consultation
    A short visit to identify the type of business and to collate all the information required to complete returns
  • Free comparison of Retail Schemes
    We will take any quarter and compare the different Schemes to ensure the most appropriate scheme is used for the business
  • Quarterly fees payable on completion
    Fees are based on turnover. There are no up front payments
  • Collection and return of all relevant paperwork each quarter
    A personal visit every quarter enables our clients to ask questions face - to face. This also allows our Consultants to keep a watch on those items H M Revenue & Customs expect to be checked on a regular basis
  • Quarterly VAT report with extras
    In addition to the VAT calculation the report contains management information designed to identify key areas of expenditure
  • Production of VAT return
  • All VAT correspondence taken off your hands
    Our Consultants will deal with any contact from H M Revenue & Customs
  • VAT helpline
    We offer advice and assistance on VAT matters to all our clients as part of our service
  • Attendance at VAT visits
    We will always attend at VAT visits to answer any queries from H M Revenue & Customs and to take them through our reports and the methods we employ to ensure correctness of the return.

     
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    Savings Achieved

    Here are a few examples of the savings we have made for some of our clients

     

    Business Type

    Weekly Turnover

    Average Quarterly Saving

    Convenience Store

    £7,500

    £400

    Newsagent

    £2,000

    £150

    Newsagent

    £4,500

    £350

    Newsagent

    £7,000

    £450

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    We come recommended

    The following Companies and Organisations recommend our services. You could be eligible for a discount if you are a member of certain organisations or buy your supplies from certain companies.

     

    Londis

    Bridewell

    Booker Wholesale

    Ideal

    SPAR

    Rural Development Council


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    So you think you have the perfect VAT return

    Look at the following list - all of these points can result in underpayment or overpayment of VAT.

    1. Illegal use of Scheme
    2. Inaccurate declaration of daily gross takings
    3. Credit Sales - including items delivered and not yet paid for
    4. News delivery charges
    5. News discount vouchers
      It is possible to be out of pocket by up to £25 for every £100 worth of vouchers
    6. Postage Stamps
      Postage stamps are sold at 5% profit, but it is possible to pay VAT on sales
    7. Lottery
      If these are included in takings it is possible to pay VAT on them as well
    8. Hot take-away food
      This is Standard Rated and as such the Vatman will want his cut as well
    9. Fuel Scale Charges
      Using a private car for business use ? Is VAT being claimed illegally?
    10. Goods for own use
      The Vatman will want to know if personal use is being declared.
    11. Wastage on Standard  rated goods
    12. Are all invoices included in the VAT return every quarter ?
      All invoices influence the outcome of a VAT return, not just standard rated ones.

     
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    Further details

    For further information please complete the following:

    Your name:                    

    Your Postcode:              

    Your phone number:        

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