Value added tax is one of the most complex and onerous tax regimes and, because of this, many businesses inadvertently overpay or underpay VAT.”

The ever-widening scope of VAT, the constant changes to the regulations and the increasing demands of Customs and Excise call for a trained professional to ensure that you do not fall short of your obligations, and do not pay more than you need to!

Our team of experts can help you with many complex VAT issues, such as the VAT on property transactions, as well as dealing with the more routine areas, such as VAT registration and preparation of VAT returns.
We can also advise on optional VAT regimes that may benefit you financially, including the flat rate scheme, cash accounting or second hand margin scheme.

We provide efficient and cost-effective VAT services, which include:

  • Advising on whether to register for VAT;
  • VAT registration;
  • Pre-VAT inspection audits;
  • Potential exemption issues;
  • Use of the most appropriate scheme;
  • Preparation and submission of VAT returns;
  • Health checks to ensure VAT compliance;
  • Land and property issues; and
  • Assisting with VAT inspections and other complex issues.

For further advice please contact Ace Accountants & Tax Consultants on 0208 550 5369.