WHAT WE DO
Value Added Tax

Our team of experts are here to help to ensure that you pay the right amount of VAT and take advantage of any available reliefs.

Value Added Tax

VAT is considered one of the most complex areas of taxation and requires planning to ensure the right amount is paid.  The legislation is changing continuously which is why our team of experts are continually up to date and aware of this ever changing landscape for the benefit of our clients.

Case study

Mr and Mrs J own two office buildings and two residential buy to lets.  By structuring their property affairs in a specific way, we were able to reclaim VAT on certain costs in connection with the residential properties that they had previously not claimed as they thought such costs were not recoverable.

This resulted in a refund of £5,000 and an ongoing annual saving of a similar amount – not to mention a very satisfied client.

This just goes to show that VAT can be complex but with the right guidance you can maximise VAT savings in your business.

Our team can advise on;

  business set up Business set up and pre-trading expenses
Money VAT planning using the flat rate scheme for businesses with an annual turnover of less than £150,000
 House VAT and property matters
  health check VAT health check
    DIY build scheme DIY build scheme
Hand shake Charities and reduced rate schemes
 pound sign Annual accounting for businesses with an annual turnover of less than £1.35m
cash Cash accounting for businesses with an annual turnover of less than £1.35m
 law Time to pay arrangements
Refund Understanding when a supply is vat-able
 zero Standard rated, zero rated or exempt

 


 

Need some help?

Learn more >

Want more great content?
Sign up to our newsletter

Follow us

Tweets by @CHW-accounting

CHW-Accounting
@chw-accounting


Twitter: chw_accounting

Want a chat?

Do you have a challenge you require help with? Let's have a chat and find out how we can help.

Get in touch >

YOUR CHALLENGES

No matter what your challenge is, we’ve probably dealt with it before.



Need an Accountant?

Get in touch >


Need an Accountant?

Get in touch >


Tax issues?

Find out more >


Tax issues?

Find out more >


Trying to grow your business?

We can help >


Trying to grow your business?

We can help >


Managing cashflow?

We can help >


Managing cashflow?

We can help >


Starting a business?

We can help >


Starting a business?

We can help >


Looking for funding?

Need help with funding? >


Looking for funding?

Need help with funding? >


Buying or selling a business?

We can help >


Buying or selling a business?

We can help >


Adopt the cloud?

We can help >


Adopt the cloud?

We can help >


What else can we do for you?

We can help >


What else can we do for you?

We can help >

WHO LIKES US

We have used the services provided by CHW from the start of trade and incorporation of the company. We have found their services for tax, accounts…

Entire Projects - Phil Hodson

Ian and his team have been invaluable to me since I moved my business over to CHW accounting. I began looking for an accountant as I…

Belo and Me - Rachel MacGregor, Managing Director

I’ve worked with Nicola and the team for approximately 23 years now, and have always been very pleased and felt like the business is in safe…

Barcon Systems Ltd - Karen Gallagher, Finance Director

As Porsche Automotive Engineers our “world” involves “hands on” work with vehicles where we learned to measure our performance tangibly – (in stark contrast to how we perceived Accountancy…

Hartech Automotive Ltd - Barry Hart

I used to dread receiving my mail and the numerous letters from the HMRC. Now I am able to manage my business and leave all accountancy…

Parthenon Facilities Management Ltd - Mark Wilson, Managing Director

I rely on the team at CHW and I am delighted to have been a client for more than a decade. We were looking for accountants that…

G F Penningtons Office Furniture Ltd - Marie Pennington, Managing Director

View our testimonials >

WHAT'S THE NEWS?

Grab a biscuit and a brew and read our latest news.

27 November 2019

A brief guide to claiming structures and buildings allowance

by

HMRC recently published new guidance on the structures and buildings allowance (SBA) following changes to the rules. This includes important information about how to claim it.


Read more >

18 November 2019

Leasing a car – how much VAT can you...

by

With a few exceptions, reclaiming VAT paid on the purchase of a car is notoriously difficult. By comparison though, the VAT position for leasing and similar contracts is more relaxed.


Read more >

11 November 2019

HMRC Enquiries – beware if you have a cash...

by

Even in this digital age some businesses remain heavily reliant on cash transactions. HMRC views these as high risk and as a result targets cash businesses with VAT enquiries, using special techniques to justify investigating them.


Read more >

6 November 2019

Did Making Tax Digital for VAT (MTDfV) pass its...

by

The first big deadline for MTDfV is history and whilst there was a fairly high failure rate, it was not as bad as originally feared.


Read more >

29 October 2019

Business property relief (BPR) don’t let it disappear

by

BPR shelters the value of your business from the HMRC. The trouble is though, when you retire from your unincorporated business, the relief disappears immediately. CHW explain how you can preserve it.


Read more >

CONTACT US

Get in touch, no hard sell, just a brew, a biscuit and a chat.