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.

    14 April 2021

    Self-assessment tax returns – Do you need to submit...

    by

    Who must submit a self-assessment tax return? You must submit a self-assessment tax return to HMRC if, in the last tax year (6 April to 5…


    Read more >

    14 April 2021

    What Income Tax reliefs are available?

    by

    Filing a self-assessment tax return does not necessarily mean paying extra tax. Often it can mean tax reliefs and refunds. Tax relief means that you either:…


    Read more >

    9 March 2021

    Budget Review 2021

    by

    There were a number of positives to take from the budget last week. The previously announced extension to the furlough scheme, the measures to assist the…


    Read more >

    3 March 2021

    £2000 Brexit Support Fund Grants to help small businesses...

    by

    The government has launched an SME Brexit Support Fund which will give grants of up to £2,000 to help small businesses cope with the additional burden…


    Read more >

    25 February 2021

    Funding boost to get more young people into work...

    by

    There is a £1,000 cash incentive to encourage employees to hire trainees within the workplace.  The aim of the cash boost is to help businesses with…


    Read more >

    CONTACT US

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