VAT work also comprises the routine but essential elements of completion of VAT return either on a traditional basis or using the VAT Flat Rate scheme where appropriate and VAT planning.
Where the client does not have the resources, the inclination or the confidence to do so themselves we do assist in the preparation of VAT returns. Either by providing quarterly support to the in house book-keeping or by processing transactions if this is the client's preferred option.
VAT is supposedly a straightforward tax. It can be anything but that in many areas and in particular extreme care is required when involved in property transactions. Standard Rate, Zero Rate, 5% Rate, Exempt, outside the scope, or an option to tax are considerations with most property transactions. We have the in house expertise and experience to advise in this area.
Cross border trading is also a major issue, whether within the EEC or outside having different implications as does the supply of goods or services.
Ever since the expression "Added Value" appeared in the world of accountancy I have been keen to ... Read more >>
I watched the Budget speech and have now read the first tranche of official Press Releases which ... Read more >>