VAT & Indirect tax services for every aspect of your business
Impacting your day-to-day transactions to enhance your cashflow and minimise risk
- Health check reviews that can identify both VAT risks and opportunities for VAT savings
International tax and dealing with trading outside the UK
Land and property transaction and option to tax
Expert advice for specific tax solutions
Acquisitions and disposals
Senior Accounting Officer reviews
Compliance: penalties and interest, returns and payments, registration, reviews and audits
Compliance with HM Revenue and Customs (HMRC) requirements
Negotiating with HMRC
Managing the impact of an indirect tax investigation
Indirect tax investigations, independent reviews and appeals to the Tribunal
Increased legislation and regulation make VAT one of the most complex taxes you are likely to encounter. Moreover, from VAT to Stamp Duty Land Tax and Excise/ Customs duty, these transaction-driven taxes have a significant impact on your profitability.
Therefore, by providing straightforward, non-contentious specialist advice, we can help you understand and manage this complex area of taxation.
Our experienced VAT and Indirect Tax team can quickly and proactively tackle compliance issues, help you manage your tax risk and address the impact of transactions on other areas of your business, including audit and indirect tax.
These are just a few related articles to give you further insights and information
Accounting periods for Corporation Tax
Companies often have to contend with having two different company accounting periods. This is because there are different rules for Companies House filings and for HMRC to whom any Corporation Tax due is paid.
VAT Flat Rate Scheme – are you a limited cost trader?
The VAT Flat Rate Scheme has been designed to simplify the way a business accounts for VAT and in so doing reduce the administration costs of complying with the VAT legislation.
Corporation Tax – reminder HMRC contact details
HMRC can be called by phone on 0300 200 3410 for help with general Corporation Tax enquiries. You will need your 10-digit Unique Tax Reference (UTR) when calling HMRC and this reference number cannot be provided over the phone.
The UTR is the
VAT – discounts and free gifts
There are special rules when charging VAT where there are discounts or free gifts. The rules are complex, but we have summarised the main aspects below.
Structures and Buildings Allowances
The Structures and Buildings Allowances (SBA) allows for tax relief on qualifying capital expenditure on new non-residential structures and buildings. The relief applies to the qualifying costs of building and renovating commercial structures.