We can consider any VAT issues arising from your commercial plans to ensure there are no unpleasant surprises. We can also help you with implementation of any new VAT arrangements to support your commercial plans.
Our VAT specialists can help 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 conduct 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.
All businesses must deal with HMRC from time to time and there are a number of ways we can help to relieve the pressure this puts on your organisation. Where a difficult VAT matter arises between VAT inspections, you can instruct us to discuss the situation with HMRC on your behalf to negotiate an acceptable solution.
Our team can also be available to help you on the day of a VAT inspection - either on site or at the end of a telephone- to assist with any questions raised by HMRC. If you prefer, we can carry out a risk assessment of the VAT position prior to their visit and advise on how to deal with any problems this highlights. We can also help with any VAT issue or investigation that arises after the visit.
When HMRC plans a VAT assessment, liabilities can often be avoided or mitigated by involving a VAT specialist at an early stage. Our involvement will often achieve a resolution without the need for a tribunal hearing but, in the event that a VAT appeal to a tribunal is necessary, we can provide representation or determine the cost of a qualified advocate to present the case on your behalf.