VAT
Depending on the type of business and the transactions undertaken, correctly applying VAT can be complicated. Following the introduction of the new HMRC penalty regime, getting it wrong can also be a costly mistake.
Whether it’s completion of the VAT return, advice on a specific transaction or just confirmation that you are applying the rules correctly we can provide a cost effective service.
HMRC have introduced a number of VAT schemes designed to assist smaller businesses with the following:
- Cash-flow
- Recovery of VAT
- Simplified VAT administration
We can advise you as to whether any of these schemes may be beneficial to your business
If you would like to discuss your VAT position please contact us.
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