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 upBusiness set up and pre-trading expenses
MoneyVAT planning using the flat rate scheme for businesses with an annual turnover of less than £150,000
 HouseVAT and property matters
  health checkVAT health check
    DIY build schemeDIY build scheme
Hand shakeCharities and reduced rate schemes
 pound signAnnual accounting for businesses with an annual turnover of less than £1.35m
cashCash accounting for businesses with an annual turnover of less than £1.35m
 lawTime to pay arrangements
RefundUnderstanding when a supply is vat-able
 zeroStandard rated, zero rated or exempt

 


 

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