Case Study

Registering for VAT

Kendall Legal Services

Industry: Legal Services

Location: South-East London

Est. 2019

Team Size: 1

VAT Registration, Efficiency Optimisation & Ongoing Compliance

The Challenge

Kendall Legal Services Ltd, established in 2019 and led by director Gavin Kendall, was experiencing growth, bringing it close to the VAT registration threshold. While growth is positive, the prospect of becoming VAT registered presented a significant source of apprehension for the business. Mr. Kendall and his team were concerned about the complexities involved, including adapting their invoicing, maintaining meticulous records, and the unfamiliar process of submitting VAT returns. Their primary challenge was to transition smoothly into the VAT regime, ensuring compliance without disrupting their core legal services, and to alleviate the fear and uncertainty surrounding VAT.

Pennyhills’ Solution

Pennyhills partnered with Kendall Legal Services Ltd to provide comprehensive guidance and hands-on support for their VAT registration and ongoing compliance. Our solution focused on:

We provided clear, jargon-free explanations of what VAT registration entails, outlining the obligations, benefits, and practical implications for a legal services firm. We addressed all of their fears and answered every question to smoothen the initial unfamiliarity.

We advised on the most appropriate VAT scheme for Kendall Legal Services, considering their business model and cash flow.

We guided the business through the necessary adjustments to their financial processes, helping them configure their invoicing system to correctly apply VAT, advising on best practices for maintaining accurate VAT records to maximise efficiency and simplify future returns, and, where applicable, ensuring their accounting software was correctly set up for VAT compliance.

We took full responsibility for preparing and submitting their VAT returns to HMRC, ensuring accuracy and timely submission. Our consistent handling of returns quickly made the process a “norm” for the business.

We provided continuous support, answering any queries that arose and offering proactive advice to ensure ongoing VAT efficiency and compliance as the business continued to grow.

Key Results & Impact

By collaborating with Pennyhills, Kendall Legal Services Ltd successfully understood and transitioned their financial business affairs to accommodate VAT registration. Their initial apprehension about VAT was completely alleviated, as Pennyhills ensured the process was seamless and clearly explained. The strategic advice on invoicing and record maintenance led to maximised VAT efficiency, and the regular preparation of VAT returns became a familiar and manageable norm for the business. Kendall Legal Services can now continue its growth trajectory with confidence, knowing their VAT obligations are expertly managed, allowing them to focus entirely on providing exceptional legal services.

Becoming VAT registered seemed daunting, but Pennyhills made the entire process clear and stress-free. They guided us through every step, helped us set up our systems for efficiency, and now VAT returns are just a normal part of our business. Their expertise made all the difference!

Photo of Gavin Kendall
Gavin Kendall
Director & Founder