Our specialist team can help with issues including:
LAND AND PROPERTY
Getting the VAT treatment of land and property transactions wrong can be very expensive due to the values involved. Our Property VAT page sets out examples of advice we can provide.
RECOVERY OF VAT
The recovery of VAT can be problematic. Where VAT is recovered in respect of a property, the VAT recovery may only be provisional. Future actions could unwittingly trigger the need to repay VAT unless you are advised of the implications.
We can help organisations such as charities, educational and financial organisations maximise the VAT they can recover.
TRANSFERS AND RESTRUCTURING OF BUSINESSES
If you are buying or selling a business, seeking to structure your existing business activities or transferring land, property or assets between your associated businesses, we recommend you seek VAT advice before proceeding.
It is also important to consider other taxes which may be applicable.
HM REVENUE AND CUSTOMS
If you need to contact HMRC, or your business is selected to be inspected by HMRC, our experience gives insight into the most appropriate way of dealing with them, including disputes.
BUSINESS WITH AN INTERNATIONAL DIMENSION
If your business has an international dimension; whether it provides or receives goods, traditional services or those which are electronic in nature, we can help.
COMPLIANCE
We can help you in registering your business for VAT and assist with the preparation and submission of VAT returns to ensure that your business is not subject to penalties from HMRC.
We can review your accounting procedures to identify opportunities or weaknesses in your VAT treatment.
Contact our VAT team for more information.