VAT

Our VAT Service

Value Added Tax affects all businesses. When introduced in 1973 it was hailed as a simple tax but in reality it is far from that. Its rules are complex, and its effects are often not considered until it is too late. VAT planning requires in-depth knowledge and even the most conscientious sometimes do fall foul of the VAT inspector. It is a high risk area where professional advice can bring big rewards.

Fletcher & Co’s VAT department personnel has over 20 years experience in dealing with this area. We have worked with a wide variety of businesses, all requiring varying levels of support. We have helped many of our clients to reduce VAT assessments and minimise their VAT liabilities.
Compliance Services:

  • VAT registration and de-registration
  • Advice on choosing the right scheme
  • Completion of your VAT returns
  • A check on your own VAT compliance work if necessary.

Health Check and Planning
Our VAT health checks ensure that your tax system complies with VAT legislation and corresponds with correct procedures. It also identifies any VAT planning opportunities of which you could take advantage.
Our services include:

  • VAT health checks
  • VAT planning
  • VAT assessment reviews
  • Partial exemption reviews and planning
  • Land & property transaction planning
  • Schemes for cash-flow benefit
  • Practical support during VAT inspections

Trouble shooting and problem solving

Following a VAT inspection, liabilities can arise. We specialise in reviews of assessments and can ensure that liabilities and any penalties are minimised.
Our services include:

  • Negotiations with Customs & Excise
  • Attendance at VAT tribunals or provision of meeting rooms
  • Use of legislation to support your case.

However, prevention is better than cure. So many clients enjoy peace of mind through advice on VAT compliance and through our VAT Health Check.
Contact us