A value-added tax (VAT) is a consumption tax placed on a product or service whenever value is added at each stage of the supply chain, from production to the point of sale.
VAT is one of the more complicated taxes with ever increasing scope and changing regulations. There is specific requirement to register for VAT when your sales exceed the defined threshold, and you are required to maintain appropriate set of business records and submit the quarterly VAT return to HMRC.
Delays in submission of VAT return or other non-compliance can result in fines and penalties.
Whether you are a new or existing business, our expert VAT services will ensure you make right choice in VAT planning, reclaim allowable VAT inputs and comply with all your VAT related responsibilities.
Key features of our VAT services include:
Please reach out today to discuss all your VAT requirements, and for a free, no-obligation consultation.