‘Rotisserie Chicken Tax’ – The new Pasty Tax?
History to Zero-rating for (hot) food Back in 1973 when VAT was introduced in the UK, there was a ‘reduced VAT rate’ of 0%…
With ever-increasing legislation and regulation on VAT, it is important that you have a formulated plan in place.
We look at your proposed business activities and advise you on the most beneficial VAT structure.
To help give you confidence in your VAT system and establish that VAT is being dealt with thoroughly and accurately.
Our specialist can carry out a health check. This would be an in-depth review of your business tax system.
An extensive review of your VAT system with a focus on its strengths and weaknesses.
All while identifying unique opportunities for your business.
Reduce the risk of costly errors, unexpected VAT liabilities, or challenges from HMRC later on.
Taking professional advice on the VAT written option helps ensure the option is validly made, correctly notified to HMRC, and aligned with your wider VAT and commercial objectives.
There may be occasions when HMRC try to impose their opinion on which may be incorrect. In turn, you may have then made submissions to HMRC which have been rejected.
You can appoint us as your representative and we can take over the enquiry. This can range from writing formal letters on your behalf to representing you through Alternative Dispute Resolution.
HMRC may make enquiries into your business and decide that something is incorrect.
We have experience in dealing with a wide range of enquiries. We can assist you in responding to HMRC to minimise penalties and interest.
HMRC may visit your business to inspect your VAT records, in order to assess whether you are paying the right amount of VAT.
Due to the tight time pressures, it is important you have the right preparation in place. Our VAT specialist will look to put together a VAT risk assessment, which will determine the reason for the visit and help you prepare accordingly.
Helping to reduce your liabilities and maximise your ability to extract profit.
Effective tax planning begins with sound strategies which comply with the boundaries of UK tax law.
Greater control over back office functions.
Our agile outsourced offering means you are able to scale-up or down the services you outsource to us.
Achieving successful outcomes on complex transactions and valuations.
Our dedicated Corporate Finance team can execute deals with attention and efficiency.
Tailored financial insights and compliance strategies that align with unique sector challenges.