Avoid the headaches of VAT compliance by outsourcing to experts
Value Added Tax (VAT) is an extremely specialised and complex area of business taxation. Whether your business is VAT registered or not, it has an impact on your accounting processes.
Following the recent enhancements to HMRC’s powers, it is now more important than ever for business owners be up to date with the latest VAT knowledge and compliance requirements. The onus has now been placed firmly with the business to ensure it complies fully with the rules and regulations concerning VAT. Getting it wrong because of ignorance is not accepted and mistakes can prove expensive with penalties now up to 100% of the VAT charge.
Being such a specialised area, it is impractical for business owners to maintain the necessary VAT expertise "in house" and it can deflect focus from your core business. In most instances, it’s more cost effective to outsource VAT compliance to an expert.
Our VAT team can:
- Complete your VAT returns ensuring they are dealt with in an efficient and timely manner;
- Advise on your obligations and assist you in registering with HMRC
- Advise on special VAT schemes and methods to minimise your liabilities;
- Provide VAT health checks to ensure that your records are up to date, compliant and prepare voluntary disclosures where needed;
- Help you deal effectively with HMRC during VAT enquiries.
If you would like to discuss your business’ VAT requirements in more detail, please contact Simon Paterson - sp@rjp.co.uk or call us on 0870 22 55 220.
We provide a free initial consultation on a no obligation basis.
