VAT rules are complex and the implications are often not considered until too late. VAT planning requires in-depth knowledge, and awareness of current legislation. The VAT system is policed by HMRC with heavy penalties for breaches of the legislation. Ensuring that you comply with all the VAT regulations is essential.

Why choose Smith Hannah?
We provide an efficient and cost effective service with dedicated staff to help you consider the full impact of VAT at all stages of your business development. We will help you to plan robustly, minimise your exposure and maximise your cash flow position.

We can assist you in a number of ways, including :

• Tailoring your accounting systems to bring together the VAT information accurately and quickly
• Provide assistance with the completion of VAT returns
• Assist with HMRC VAT reviews and negotiating with them if disagreements arise
• Advising as to whether any of the available schemes may be appropriate to you

What do we offer?

Our service disciplines include:

Negotiations with HMRC to reduce VAT assessments
Assistance with VAT inspections
VAT registration and de-registration
Advice on choosing the right scheme
Completion of VAT returns
VAT compliance health check
VAT planning throughout the business lifecycle

Please contact a member of our team to arrange a no obligation initial consultation.