Ever changing regulations and the growing demands of HMRC 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:
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
Advise you on the VAT position on any transactions
Provide planning solutions to mitigate VAT
Deal with any disputes which could potentially arise with HMRC
Review your VAT compliance procedures and recommend improvements
Ensure you comply with HMRC and are not exposing yourself to an enquiry
Advise you on structuring transactions so that VAT costs are minimised
Guide you through any level of enquiry or investigation
Act on your behalf at meetings with HMRC
Negotiate with HMRC to reach a settlement
Speak to an accountant today
Tell us how we can be of service and one of our team members will contact you.
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 HMRC 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 would like further information regarding this service, please don’t hesitate to contact us.