We can consider any VAT issues that might arise from your prospective business plans to make sure that VAT does not compromise these arrangements. We can also help you with implementation.
BDO’s VAT specialists can assist with a wide variety of VAT issues, ranging from applications to register for VAT to complex matters such as partial exemption calculations, the capital goods scheme, the tour operator’s margin scheme (TOMS) and the place of supply of goods or services.
We can also carry out a more general VAT review to enable your business to take a pro-active approach to its VAT affairs. This will either provide comfort in knowing that the business is VAT efficient, or give an early warning of exposure to VAT errors that could give rise to costly assessments, interest charges and penalties from HMRC. We may also be able to identify VAT opportunities to improve cash flow.