VAT affects most business transactions, whether involving goods or services and can impose significant direct costs on a business. It is a complex and constantly evolving tax based on European Union law and failing to keep up to date can lead to costly mistakes. Whether you are a small or large business, in the public sector or a not for profit organisation you will need to ensure you are managing your VAT affairs properly, collecting the right amount of tax whilst at the same time maximising the recovery of VAT on your costs and filing and paying returns on time.
Our aim is to provide you with clear, understandable advice to enable you to meet your legal obligations, to keep you informed of developments in the VAT arena and to use our technical expertise to provide answers to any VAT problems you may have.
Mercer & Hole’s specialists can assist you with all aspects of the tax including:
- Registration and deregistration
- Completion of VAT returns
- Choosing the right special scheme
- Providing support for VAT inspections
- Property transactions and construction
- Partial exemption issues
- Cross border transactions
Special reliefs can apply for certain transactions which we can help you access.
The financial cost of getting VAT wrong can be considerable, particularly with high value transactions like land and property. We have experts who can advise you on these areas and provide guidance and support.
For assistance on any matters involving VAT please contact Roger Bell.
