VAT

In a muddle over VAT?

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. This can result in having to pay penalties and interest charges for mistakes and the late submission of returns.

We have experienced advisors who will help you with the following:

• Assistance with VAT registration
• Advice on VAT planning and administration
• Use of the most appropriate VAT scheme, for example:
  • Flat- rate VAT calculations and registration
  • Margin schemes (e.g. TOMS for the travel industry)
• VAT control and reconciliation
• Help with completing VAT returns
• Special rules for charities
• Import and export issues, both with the EU and other countries
• Planning in order to minimise future problems with HMRC
• Negotiating with HMRC in disputes (we can represent you at VAT tribunals if necessary)

Furthermore, whilst our specialists deal with your VAT issues, they can also review your overall tax position to advise where savings can be made or where there is a more tax efficient method of operating.

Call Sarah Macnaughton on 01730 234500 to arrange a no obligation initial meeting to discuss the VAT needs of your business.