Worried about a VAT Inspection?
VAT regulations continue to become ever more intricate. As part of the annual preparation of accounts, we conduct a review of the VAT affairs of the client to ensure their compliance with VAT legislation.
Innocent errors can occur and our team can advise on voluntary disclosures prior to VAT Office visits, thereby avoiding unnecessary penalties wherever possible.
Our experience has found that with the proper planning in place, many pitfalls can be avoided. In fact various opportunities to avoid or recover VAT can be established to the advantage of the client.
As part of our normal services we also undertake the completion of VAT returns for many clients on a timely and efficient basis.
Our VAT Healthcheck service is designed to find any VAT issues before the Vatman does!
Why not call us in prior to any visit?
The healthcheck can..
- Review and sample check your accounting records for errors;
- Sample test the most common errors that the VAT inspectors look for;
- Statistically analyse your completed VAT returns;
- Sample check the completion of VAT returns;
- Compare your VAT returns against your annual accounts;
- Check the VAT treatment of your sales;
- Consider whether you are making best use of relevant VAT schemes;
- Ensure you are correctly applying the rules of VAT schemes;
- Identify VAT planning opportunities.
See our VAT Helpsheets for more information.
