As an indirect tax, VAT can add a major burden to any business and the constant stream of detailed changes to regulations, together with the ever growing demands of HM Revenue & Customs, call for a trained professional eye to ensure that you do not inadvertently overpay or underpay. Our team of VAT professionals work to maximise recovery, ensure full compliance, and ensure affairs are structured as efficiently as possible.
Our VAT services include:
- Dealing with registration & de-registration
- Choice of the right VAT scheme to apply, such as the flat rate, and cash accounting schemes
- Ensuring compliance with special schemes such as second hand margin and retail schemes and TOMS
- Compliance with special calculations such as those relating to partially exempt businesses
- Preparation of VAT returns
- Negotiating with HMRC during visits and investigations
- Ensuring that asset sales and purchases are structured properly
- Ensuring that business acquisitions and disposals are structured properly
- Advice regarding international trading
- Advice on areas with special place of supply rules such as services related to land
- Ensuring that property transactions are structured properly
- Planning and administration
- Application of reliefs that apply to charities
