VAT Planning Services
VAT is a complex part of tax accounting affecting most organisations. Value Added Tax is collected by businesses on the behalf of HMRC and duties can vary considerably from others – creating compliance risks. Complications can easily arise around the supply of goods or services, as different rules apply to the time and place of supply – as a result, it isn’t uncommon for companies to under or overpay their VAT.
This is where our VAT planning services can help.
Here at Bettridge, our business tax specialists can help you through all the complexities of paying VAT, taking away any lingering worries you may have. We can assist with the initial registration process, the selection of the most appropriate VAT scheme, advise on record keeping (to ensure that the maximum amount of VAT is recovered), as well as help with completion of VAT returns.
We work closely with you to guide you through the ever-increasing and changing legislation in this area.
Our VAT planning services
Naturally, there are many different aspects to paying VAT and being aware of them all (let alone keeping up with the latest changes in legislation), may be difficult for anyone who isn’t a full-time tax accountant.
We can advise you on the structure of a new business venture, a one-off property transaction, business transfers or any other situation in which a VAT issue might occur. We will help your business to ensure that it’s able to maximise its VAT position, while still remaining compliant with the law.
Our VAT planning services offer:
- Advice on planning and administration.
- Use of the most appropriate VAT scheme.
- Ways to reduce VAT liability.
- Identification of any areas of concern for your accounting systems.
- Investigation of any transactions that may not have been accounted for.
Some of our other specialist VAT planning services include:
VAT and land and property
We have helped many businesses to ensure these high-value transactions are structured correctly from a VAT perspective to ensure any eligible savings are made.
VAT and construction
We assist businesses in the construction sector pay and charge the correct rate of VAT whilst carrying out new build, refurbishment and mixed developments.
International VAT services
We don’t just advise on UK VAT matters, we regularly work with clients who are subjected to international VAT too. If your business sells, supplies or transfers goods outside of the UK, it’s highly likely that you will need to charge VAT on them, further increasing the complications. Our VAT experts have all the knowledge and expertise to advise on these issues.
Get in touch with our business tax accountants to learn more
Please feel free to browse our website to learn more about our work as VAT accountants – if you have any questions about our VAT planning services, we would be pleased to answer them. You can call us on 0118 979 9744 or send an e-mail to email@example.com and we’ll get in touch as soon as possible.