VAT

Even amongst qualified accountants, the mere mention of VAT can send shivers down spines and send people running for a lie down in a darkened room. While occupying a small proportion of the statute books, it can be fiendishly difficult to apply in practice, for example as regards property.

Fortunately we have a number of highly experienced VAT specialists on hand who can assist with all kinds of VAT work and questions including:

• Advising on the need for you to be registered for VAT
• The preparation of periodic VAT returns
• Advising on the appropriateness of schemes such as cash accounting, annual accounting and the flat rate scheme
• Advising on the VAT liability of your sales of goods and services
• Maximising your recovery on purchases of goods and services and negotiating partial exemption methodologies with HMRC
• Advising on the VAT issues arising from property dealings
• Dealing with imports and exports within and outside the European Union
• Dealing with HMRC enquiries