VAT Inspections
Businesses often experience problems or have questions about their VAT return filings. Get Startedneed advice now?
Our VAT service is designed to take the worry out of filing your VAT return.
VAT Inspections
VAT INVESTIGATIONS
Businesses often experience problems or have questions about their VAT return filings. Whatever problems you encounter, our professionals are always ready to help you. We are happy to assist you with a wide range of services from initial consultation and VAT registration to VAT returns filing. Our company also provides VAT training and assistance with VAT investigations.
VAT PENALTIES
As the penalties and recharges have become more severe, business owners are realizing the need to have a professional VAT expert on hand to ensure that all VAT paperwork is filed on time and accurately. Once you have turned in paperwork that is incorrect or raises doubts about accuracy, your company may be contacted about a VAT inspection.
If you’ve been notified by VAT that they are interested in checking your company accounting records, then it’s best to go ahead and hire a VAT expert to help you. We can assemble the right documents, answer your questions and help you prepare for an inspection. We will also outline the potential risks for your company.
Our VAT service is designed to take all the worry and trouble out of preparing and filing your VAT return for the tax office. Our professionals will make sure that records are kept as needed and forms are completed on time and accurately. When you prepare your return correctly and pay your taxes on time, this minimizes the risk of an inspection.
If you are currently concerned about an upcoming inspection, please give us a call. We can help by checking that the VAT rate is correct for the types of services and goods your company provides. Our service also helps you file correctly for VAT recovery of expenses such as business entertainment and automobiles.
VAT CONSULTATION SERVICES
Our service provides consultations over the phone during an inspector’s visit or we can have an agent there present at your business. In addition, we can check and verify that your forms and returns have been completed correctly before your inspection takes place. During disputes with the tax office, many surcharges and penalties can be mitigated if a VAT specialist gets involved in time. We work with clients from all types of businesses helping them to understand VAT regulations and prepare their returns correctly.
AVOIDING ERRORS
VAT is one of the most policed taxes. Consequently, if accounting mistakes are made, the penalties can be severe.
An investigation by HMRC can be costly and extremely stressful with potentially damaging implications for your business.