Value added tax is one of the most complex and onerous tax regimes imposed on business, So complex that many businesses inadvertently overpay or underpay VAT. Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. GM Accountants & Tax Consultants VAT experts can assist with a wide variety of VAT matters. Starting from applications to register for VAT to complex matters such as partial exemption calculations, the capital goods scheme, the tour operator’s margin scheme (TOMS) and the place of supply of goods or services. Our experienced team of tax consultants will help to keep your VAT affairs in order, make sure you are collecting the right amounts for each transaction, and ensure that you make payments and file returns appropriately and on time.
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 HMRC
- Negotiating with HMRC in disputes and representing you at VAT tribunals if necessary
- Free VAT health check to all clients