A brief summary of some of the main services provided by our specialist VAT team:

Comprehensive VAT review

We would seek to identify opportunities for cashflow planning as well as ascertaining any VAT exposures to assessments and penalties. We can also consider any VAT consequences arising from a clients’ potential business plans and objectives to ensure that there are no nasty surprises.

VAT compliance

We can advise on the regulatory requirements for accounting for VAT on a day-to-day basis.

Cash flow planning

In essence, this would involve looking at ways of how business affairs can be arranged to avoid creating an unnecessary tax liability and take maximum advantage of the various VAT reliefs’ available.

VAT audits by HM Revenue and Customs

We can be available on the day of the visit either on site or at the end of a telephone to help with any questions raised by HMRC Alternatively, we can carry out a risk assessment of the VAT position prior to their visit and advise on how to deal with any problems this highlights. We can also help with any VAT issues that arise after the visit.

VAT disputes

VAT assessments, penalties and interest charges can often be avoided or mitigated by the involvement of VAT specialists in disputes with HMRC at an early stage. We will liase with you and HMRC and, based on the facts, determine if a VAT issue exists and if so, advise on the best way on how to deal with it.

VAT training

We offer basic VAT training for staff involved in purchasing, sales, finance or administration. The aim is to ensure that staff can deal with day-to-day VAT issues as they arise within your business and hopefully identify potential problem areas.

To find out more, contact Gill Yates, Head of VAT Services on 01926 451000 or email her at gill.yates@burgisbullock.com