As in so many aspects of our business environment, VAT has become increasingly onerous and worthy of careful consideration by all businesses. It is particularly important for property transactions and those operating partially exempt VAT schemes, where recent changes to the rules must be observed. The recent merger of the Inland Revenue and Customs & Excise is bound to widen the scope of information available to both parties. A corresponding increase in VAT inspections and investigations can be expected.
However, on a more positive note, careful and proactive VAT planning is possible within the UK. We are very keen to assist with this and all other aspects of this wide-ranging and difficult area of indirect tax:
The ever widening scope of VAT, ever-changing regulations and the increasing demands of HM Revenue & Customs call for a trained professional eye to ensure both that you do not fall foul of the regulations and do not pay more VAT than necessary. We provide an efficient, cost-effective VAT service, which includes:
Preparation of VAT Returns
Assistance with VAT registration
Advice on VAT planning and administration
Use of the most appropriate scheme
VAT control and reconciliation
Planning to minimise future problems with Customs and Excise
Negotiating with Customs and Excise in disputes and representing you at VAT tribunals
If you wish to know more about our VAT services in Bedfont, Feltham or would like to arrange a free initial meeting in order to discuss how we can help you in more detail, Please Call: 02087510825 or Email: info@innovativeaccountants.co.uk.