Payroll closure

Introduction

This schedule sets out the scope of services we will provide.

The purpose of this schedule is to clearly define what is and is not included in the scope of our work.

This schedule should be read in conjunction with our engagement letter and our standard terms of business.

Included work

As part of our agreed services, we will:

  • Assess your eligibility to deregister for VAT and advise on the timing
  • Prepare and submit the VAT deregistration application to HMRC
  • Notify you once deregistration has been confirmed
  • Advise on final VAT return obligations and post-deregistration compliance
  • Provide guidance on the treatment of assets and stock on hand at the date of deregistration

 

Please note: this list is not exhaustive. Any work not specifically listed under "Included work" is deemed outside the scope of this engagement unless we have expressly agreed otherwise in writing.

 

Where additional work is required, we will advise you of the scope, our proposed fee, and obtain your agreement before proceeding.

Excluded work

The following work is outside the scope of this service unless separately agreed in writing:

  • Preparation and submission of your final VAT return
  • Ongoing VAT advice following deregistration
  • Corrections to prior VAT returns or dealing with HMRC enquiries

Please note: this list is not exhaustive. Any work not specifically listed under "Included work" is deemed outside the scope of this engagement unless we have expressly agreed otherwise in writing.

 

Where additional work is required, we will advise you of the scope, our proposed fee, and obtain your agreement before proceeding.

Your responsibilities

You agree to:

  • Provide full and accurate information to support the deregistration application
  • Ensure all VAT returns and liabilities up to the date of deregistration are submitted and paid
  • Notify us promptly of any changes that may affect your deregistration status
  • Retain VAT records for the statutory retention period following deregistration

Our responsibilities

We agree to:

  • Process the VAT deregistration application promptly and accurately
  • Communicate with HMRC on your behalf and keep you informed of progress
  • Provide clear advice on any final VAT obligations
  • Handle your information securely and in line with data protection laws