The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of Customs and Excise call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay the Exchequer more than you need to!

We provide an efficient cost effective VAT service, which includes:

• Assistance with VAT registration
• Advice on VAT planning and administration
• Use of the most appropriate scheme
• VAT control and reconciliation
• Help with completing VAT returns
• Planning to minimise future problems with Customs and Excise
• Negotiating with Customs and Excise in disputes and representing you at VAT tribunals

An introduction to VAT:

• Value Added Tax (VAT) is a tax that's charged on most goods and services that VAT-registered businesses provide in the UK. It's also charged on goods and some services that are imported from countries outside the European Union (EU), and brought into the UK from other EU countries.

• VAT is charged when a VAT-registered business sells to either another business or to a non-business customer.

• When VAT-registered businesses buy goods or services they can generally reclaim the VAT they've paid.

• There are three rates of VAT, depending on the goods or services the business provides. The rates are:

  • standard - 15 per cent
  • reduced - 5 per cent
  • zero - 0 per cent

  There are also some goods and services that are:

  • exempt from VAT
  • outside the UK VAT system altogether