We provide a range of services related to VAT such as:
- When to register / deregister for VAT and group registration
- Record keeping for VAT purposes, input vat cannot not be recovered if not supported by proper records
- Annual accounting, cash accounting and flat-rate schemes to help cash flow and save admin time
- Capital goods scheme
- Retail schemes for clients selling small value items in shops or online to save admin time
- Second-hand goods schemes for traders buy and selling second hand goods
- Recover input VAT even if the business is partially exempt, subject to de minimis rules
- Assisting with HMRC assessments,
- Deal with penalties for late notification of VAT registration (failure to notify)
- Deal with penalties for incorrect returns
- International aspect – VAT rules for buying & selling outside the UK
- Zero, reduced-rating and exemption from VAT for land and buildings
- Transfer of business as a going concern
