Value Added Tax
Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.
The ever widening scope of VAT, the constant stream of detailed changes to the regulations and the ever growing demands of HM Revenue & Customs requires in depth knowledge.
We provide an efficient cost effective VAT service, which includes:
- Assistance with voluntary and compulsory VAT registration
- Advice on VAT planning and administration
- Use of the most appropriate VAT scheme
- VAT on property tranasactions
- Partial exemption
- VAT on imports & exports
- VAT control and reconciliation
- Help with completing VAT returns
- Planning to minimise future problems with HM Revenue & Customs
- Dealing with VAT control visits
- Reviewing assesments made after a VAT control visits to ensure liabilities are minmised.
- Negotiating with HM Revenue & Customs in disputes and representing you at VAT tribunals
- Maximising the potentially generous rules on VAT de-registration
For your peace of mind please contact us about our VAT health check which will ensure that your accounting systems comply with the current VAT regulations and may also identify any VAT planning opportunities.