Value Added Tax (VAT)
VAT Registration
For VAT registration we can assist with…
- Advising if you need to or if it would be beneficial to register
- Completion of the VAT registration forms and formalities
- Advising on the best VAT schemes to use suitable to your business – some you have to notify HMRC you are using and some you don’t
In addition we can assist with…
- Completion of VAT Returns or training on how to complete them
- VAT planning
- Dealing with any contentious disputes that arise with Customs
- Attendance at VAT inspections
VAT Planning and Disputes
Compliance with VAT is becoming ever more complex. Investigations from the VAT Man can be intense – all the more important that you have an accountant who is successful in negotiations with them.
We take best advantage of the reliefs available and the interpretation of the regulations. This is an extremely important feature of the service provided as it ensures peace of mind for all our clients.
We can help you with VAT in the following ways…
- Applying for and advice on VAT registration
- Advice on the VAT schemes suitable to your business
- Completion of VAT returns – either from your books or we can do the book-keeping for you. By letting us complete your VAT return it ensures that it will be accurate and that you don’t miss any opportunities to claim the VAT you should
- Dealing with VAT control visits
Dealing with any contentious disputes that arise with Customs
VAT Health-check
Our VAT Healthcheck service is designed to find any VAT issues before the VAT Man does!
Why not call us in prior to any visit?
The healthcheck can..
- Review and sample check your accounting records for errors
- Sample test the most common errors that the VAT inspectors look for
- Statistically analyse your completed VAT returns
- Sample check the completion of VAT returns
- Compare your VAT returns against your annual accounts
- Check the VAT treatment of your sales
- Consider whether you are making best use of relevant VAT schemes
- Ensure you are correctly applying the rules of VAT schemes
- Identify VAT planning opportunities.
VAT Returns
Compliance with VAT is complex. Investigations by the VAT Man can be intense – all the more important that your VAT returns are completed correctly.
There are three methods we can use to assist in completion of VAT returns…
- Let us do your book-keeping and we complete the return from there
- Give us your books and we’ll complete the return for you
- Provide training on how to complete your return
We complete VAT returns in good time to ensure you avoid any penalties.
In addition we can assist with…
- Applying for VAT registration
- Advice on the VAT schemes suitable to your business
- VAT planning
- Dealing with any disputes that arise with Customs
- Attendance at VAT inspections