VAT

We are able to ease the administrative burden of preparing VAT returns and filing online with HMRC by doing these on your behalf.

Online filing of VAT returns for accounting periods starting after 31 March 2010 and electronic payment of VAT is required for businesses with an annual turnover of £100,000 or more and it is proposed that this requirement may also apply during 2012 to those with a turnover below this threshold. This requirement also applies to any business with an effective date of VAT registration after 31 March 2010.

Also, we are able to advise on the various VAT schemes available to businesses, many of which reduce the administrative burden, and whether any would be appropriate to you. If you are planning a new project it is important not only to avoid the VAT pitfalls but also to arrange your affairs to maximise VAT recovery and cash flow. Our VAT compliance health check will identify potential and existing problems before they cause real difficulties and attract Customs assessments. We recommend ways in which the VAT conduct of your business can operate in the most efficient way possible.

We have access to all the most recent changes and proposed changes in VAT legislation so our consultants can give you fast, up to date information. Land and property transactions are an extremely complex area of VAT which requires specialist VAT advice. Errors in this area are expensive.