The increased reporting obligations imposed by the tax authorities and the tough penalties for non-compliance means that a lot of time and resource is taken up by compliance for the various forms of taxation and Vat. Most businesses are unpaid tax collectors for Vat, National Insurance and PAYE.
We can assist businesses by completing and filing Vat returns. Using us for Vat matters means we can act as intermediaries for any disputes with the Vat authorities.
Value added tax is not an easy subject. Our aim is to make it as simple as possible for clients to handle and understand. It is seen as one of the most complex tax areas to be imposed on businesses. The Vat “goalposts” are constantly being moved as well as the ever changing stream of regulatory details. HMRC is constantly demanding more and more returns from businesses which add more stress on top of what is already encountered. It is our expertise to make sure that our clients do not miss anything and do not fall foul of the regulations. We ensure that the Chancellor is not paid any more than the legal entitlement.
Our efficient and cost-effective Vat service includes:
- Advice on Vat planning and administration
- Assistance with Vat registration
- Vat control and reconciliation
- Help with completing Vat returns
- Processes put in place to avoid future issues with HMRC
- Representing clients at Vat tribunals.