What we offer

VAT Returns for Eateries

Managing VAT for eateries can be a complex task with numerous transactions happening daily. At GenZed, we simplify this process by combining advanced AI technology with human expertise to ensure that every transaction is accurately recorded and all legally reclaimable VAT is captured. Using tools like Dext and Hubdoc to process invoices and receipts, our team and AI work together to check every entry, ensuring VAT is correctly applied. With our meticulous approach, your eatery stays compliant, maximises VAT reclaims, increases profit margins, improves cashflow, and is always prepared for audits.

What We Offer

Accurate VAT Calculation with AI and Expert Review
Combining AI and human expertise, we use a 3 step process for each invoice and receipt to ensure VAT is applied correctly, and is HMRC compliant. This comprehensive approach ensures that every transaction is accurate and that all VAT reclaim opportunities are captured.

MTD Compliance
We help your eatery remain fully compliant with Making Tax Digital (MTD) regulations by using HMRC-approved software for digital VAT submissions. Our AI ensures each transaction is recorded accurately, while our team verifies all data before submission, ensuring your VAT returns meet HMRC standards.

Thorough VAT Preparation
We handle VAT preparation meticulously, covering everything from ingredient purchases to equipment costs and utilities. Our process ensures that invoices and receipts are processed correctly, VAT is applied where appropriate, and all eligible transactions are recorded. Our AI double-checks each entry, and our experts ensure that your VAT returns are optimised for maximum legally reclaimable VAT.

HMRC Filing
We take care of the entire submission process, ensuring your VAT returns are filed on time and accurately. With AI checking each transaction and our team reviewing the data before submission, we help minimise discrepancies and ensure compliance with HMRC requirements.

VAT Reconciliation
We conduct comprehensive VAT reconciliations to ensure your VAT records align with your financial statements. Our AI identifies potential discrepancies, and our team verifies the data to ensure your VAT returns are as accurate as possible, reducing the risk of errors and helping to ensure smoother audits, wherever they may occur.

VAT Audit Management
Should a VAT audit arise, we’ve got you covered. We securely attach invoices and receipts to transactions within your accounting system, making all documentation readily accessible. Our team has extensive experience in managing VAT audits and will guide you through the process, ensuring all necessary documentation is available and compliant with HMRC requirements.

How We Work

Step 1: Invoice and Receipt Entry with Dext and Hubdoc
We start by using Dext and Hubdoc to automate the entry of invoices and receipts, capturing all relevant transactions for your eatery. These tools create an initial entry based on the attached documents, streamlining the data entry process.

Step 2: Bookkeeper Review and Adjustments
Next, our experienced bookkeepers manually review each entry created by Dext and Hubdoc. We ensure that VAT is correctly applied, descriptions are accurate, and any necessary adjustments are made to meet compliance standards.

Step 3: AI-Powered Accuracy Check
Once the bookkeeper’s adjustments are complete, our AI checks each transaction to verify that VAT has been applied correctly and that all details are in order. This final layer of verification ensures accuracy and compliance across all your transactions, minimising errors and maximising VAT reclaim opportunities.

Tailored VAT Solutions for Eateries
We understand the specific challenges that eateries face, such as managing complex VAT on food sales and services. Our VAT services are tailored to meet your eatery’s unique needs, ensuring that your VAT returns are accurate, compliant, and optimised.

Regular VAT Reporting
We provide regular updates on your VAT status, offering clear insights into upcoming deadlines and VAT reclaims. Our detailed reports help you manage your cash flow while ensuring your business stays on top of its VAT obligations.

Expert Guidance and AI Support
Our VAT specialists, supported by advanced AI tools, are always available to offer guidance. Whether you need help navigating VAT regulations or advice on optimising VAT reclaims, we provide the insights and support needed to ensure your VAT processes run smoothly.

Why Choose GenZed?

By choosing GenZed, your eatery benefits from accurate, compliant VAT management that maximises reclaim opportunities and streamlines the entire process. Our combination of AI-driven checks and expert reviews ensures every transaction is correct, while seamless MTD compliance keeps your business aligned with regulations. We handle all VAT responsibilities, reducing errors and administrative burdens. With tailored solutions and regular reporting, we help you optimise cash flow, increase profit margins, meet deadlines, giving you peace of mind to focus on growing your business.

✔️ Be confident knowing that both AI and expert bookkeepers verify every transaction, ensuring correct VAT application and full compliance.

✔️ Benefit from a thorough, multi-layered review process that ensures your eatery recovers all legally eligible VAT, leaving no reclaim opportunities missed, leading to increased profit margins and improved cashflow.

✔️ Free up valuable time by letting us handle the entire VAT process—from invoice entry to submission—while AI tools accelerate returns with accuracy.

✔️ Ensure complete readiness for VAT audits with invoices and receipts securely attached to each transaction, backed by expert guidance from the GenZed team to help you navigate the audit process effortlessly and with confidence.

✔️ Enjoy worry-free VAT management, knowing your returns are accurate, compliant with HMRC regulations, and optimised for maximum reclaim.