VAT Services

Ever changing regulations and the growing demands of HMR&C mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost effective VAT service, which includes:

VAT registration

  • Advise you if you need to or if it would be beneficial to register
  • Advise on the numerous beneficial VAT schemes available
  • Completion of VAT registration forms and formalities

Completion of VAT returns

  • We can do your bookkeeping and complete your returns
  • You can give us your completed books, which we will then check before completing your returns
  • We can provide you and your employees with training on how to calculate VAT and complete your returns

VAT planning

  • Advise you on the VAT position on any transactions
  • Provide planning solutions to mitigate VAT
  • Deal with any disputes which could potentially arise with HMR&C

VAT compliance

  • Review your VAT compliance procedures and recommend improvements
  • Ensure you comply with HMR&C and are not exposing yourself to an enquiry
  • Advise you on structuring transactions so that VAT costs are minimised

VAT investigations

  • Guide you through any level of enquiry or investigation
  • Act on your behalf at meetings with HMR&C
  • Negotiate with HMR&C to reach a settlement

VAT Health Checks

Let our specialists provide you with assurance that your net VAT position is accurate.

Whether you simply want to make sure you’re accounting for your VAT correctly or are expecting an HMR&C visit, then our health check is for you.

Our VAT health check will review your VAT accounting processes and records and will identify any areas of weakness within your system, transactions that may have been completed incorrectly or areas where you could possibly reduce your VAT costs.

The health check will cover the following:

  • Sample test the most common errors that VAT inspectors look for
  • Check the VAT treatment of your sales
  • Statistically analyse your completed VAT returns
  • Identify potential VAT planning opportunities
  • Investigate transactions which may not have been properly accounted for
  • Ensure you are correctly applying the rules of VAT schemes
  • Identify all potential ways to reduce your overall VAT liability

As a result of the health check, we will leave you with either the comfort that there are no hidden issues, or with an action plan to address any issues we discover.

If you think you would benefit from a VAT health check, then please don’t hesitate to contact us, either by e-mail at info@seamanherbert.com or by calling our office on 01226 299962.