VAT Solutions Horsham
VAT errors can lie undiscovered, and can replicate themselves. When H M Revenue & Customs eventually discover them, what may have been a small error has developed into a big one. Providing the information required by H M Revenue & Customs, so an assessment can be raised, adds to the administrative burdens of the business. It could also prove expensive, as not many businesses have the resources to assign staff to trawl through their accounting systems to find past errors, so they have to employ additional staff to cope with the demands of H M Revenue & Customs.
Our VAT practitioner has worked in indirect taxation for more that 30 years. With a wealth of knowledge about HMRC he is currently a Consultant editor of Tolleys Value Added Tax, one the the core VAT references used by VAT specialists.
Our service falls into three categories:
The Services
- Helping clients where the difficulty has already been identified.
- Helping you and your clients identify potential difficulties.
- Helping identify opportunities to arrange transactions to be tax efficient.
Helping clients where the difficulty has already been identified
- Whether there are grounds to challenge the assessment;
- Whether any penalties could be mitigated; and
- Provide an indication of the chances of winning.
Reviewing H M Revenue & Customs rulings
- We will review any ruling your client receives from H M Revenue & Customs.
- We will advise on the implications of the ruling; and
- We will suggest the best way to deal with it.