VAT registration can be a good financial decision. However, although it can improve cash flow and profit for your business whilst giving your company more credibility, there can also be a significant amount of paper work and time consumption. VAT can be a complex area and there are several VAT Schemes to choose from. We can assist with both the routine preparation of VAT returns and VAT planning in those complex areas where careful planning is essential. We’ll simplify the regulation changes and help you deal with HM Revenue and Customs. Our experienced professionals will make sure you never fall foul of the regulations and that you’re only paying what you need to pay.
At TASlondon we can:
Claim back the entitled VAT
Offer Efficient and fast completion of your VAT returns
Evaluate if a VAT registration is beneficial for your business
Review different VAT schemes- offering informed decision process
You may require guidance and representation in a meeting with Revenue & Customs to discuss arrears and penalties.
Across a broad range of issues relating to VAT, it is essential that businesses keep abreast of changes to UK domestic legislation and evolving case law both at home and in other EU countries.
There are some key areas which you may require our specialist to help you with some of which include Transfers of going concerns, International supplies of services, Partial exemption, Assessments, Penalties and investigations by HMRC and Commercial restitution.