VAT is one of the most complex and onerous tax regimes imposed on businesses. Being over 1/6 of the value of most transactions, getting it wrong can be serious. The cost of mistakes can be very high and a proactive approach is required to ensure that businesses keep within the many rules and regulations.
We can tell you if and when you are liable to register for VAT, what reecord are required and guide you to the specific VAT scheme which best suits your business needs.
At Shabir Ahmed & Co we have a specific VAT consultancy service, advising clients on all aspects of VAT and other indirect taxes. A significant aspect of this service is negotiating with HM Customs and Excise, always looking to ensure the best possible outcome for you.
Whatever the problem or potential problem we can help, whether that means an investigation, a penalty, an assessment or a liability dispute.
In addition to VAT, we also advise and negotiate on Customs duties, import and export matters, Insurance Premium Tax, Landfill Tax and many other related matters. Our dedicated staff always aims to provide rapid service and up to date advice.
Our cost effective VAT service includes:
Assistance with VAT registration
Advice on VAT planning and administration
Advice on use of the most appropriate scheme
VAT control and reconciliation on a monthly or quarterly basis
Help with completing VAT returns online
Planning to minimise future problems with Customs and Excise
Negotiating with Customs and Excise in disputes and representing you at VAT investigations and tribunals.
Call us today for a VAT health check.