VAT Services
Value Added Tax (VAT) is a consumption tax placed on goods and services at each stage of the supply chain where value is added. Our comprehensive VAT services ensure your business remains compliant with complex regulations while maximizing potential savings and refund opportunities.
Navigating VAT regulations requires specialized expertise, especially for businesses operating across multiple jurisdictions. Our team of VAT specialists stays current with the latest legislative changes to provide accurate guidance and ensure your business meets all filing requirements while optimizing your VAT position.
Our Comprehensive VAT Services Include:
VAT REGISTRATION & DEREGISTRATION
Expert guidance through the entire VAT registration process, including advice on optimal timing and scheme selection. We also assist with deregistration when your business circumstances change.
VAT RETURN FILING
Complete preparation and submission of your VAT returns, ensuring accuracy and compliance with all HMRC requirements. We handle all calculations, record-keeping, and submissions to avoid penalties.
MAKING TAX DIGITAL (MTD) COMPLIANCE
Full support in transitioning to and maintaining MTD compliance, including digital record-keeping, API-enabled software implementation, and digital link requirements.
VAT HEALTH CHECKS & AUDITS
Comprehensive review of your VAT processes and previous returns to identify errors, potential savings, and compliance risks before they become problems.
ANNUAL ACCOUNTING SCHEME
Simplify your VAT reporting with our annual accounting scheme services. We help eligible businesses make advance VAT payments throughout the year followed by a single annual return.
FLAT RATE SCHEME (FRS)
Expert guidance on whether the Flat Rate Scheme is suitable for your business, including registration, calculations, and ongoing compliance to simplify your VAT accounting.
MINI ONE STOP SHOP (MOSS)
Comprehensive MOSS registration and reporting services for businesses supplying digital services to consumers in the EU, ensuring compliance with the VAT place of supply rules.
MARGIN SCHEME VAT
Specialized services for businesses that sell second-hand goods, works of art, antiques, and collector's items, helping you account for VAT only on the margin rather than the full selling price.
PARTIAL EXEMPTION CALCULATIONS
Expert handling of complex partial exemption calculations for businesses that make both taxable and exempt supplies, ensuring accurate recovery of input VAT.
VAT INVESTIGATION SUPPORT
Professional representation and support during HMRC enquiries, investigations, and voluntary disclosures, helping to mitigate penalties and resolve issues efficiently.
Understanding VAT Place of Supply
The place of supply determines where a supply is made and where VAT might be charged and paid. For services, determining the place of supply can be complex with different rules applying depending on:
Business Locations
Whether you have more than one business location affects how VAT is applied to your services.
Service Type
The type of service you provide determines which VAT rules apply to your transactions.
Customer Location
The place where your business or your business client "belongs" affects VAT treatment.
International Rules
Different VAT rules apply for services provided within the UK, to EU countries, and outside the EU.
Place of Supply Rules
If you are in the UK and the place of supply of your service is in the UK, you charge and account for VAT according to UK VAT rules. If you are in the UK and the place of supply of your service is in another country, you don't pay UK VAT. However, for some supplies, you may need to register and account for VAT in the country of supply.
If the place of supply of your service is outside the UK you don't have to charge UK VAT but you should include the sale in box 6 on your VAT Return.
What Constitutes a Service for VAT Purposes?
For VAT purposes, a service is any business activity other than a supply of goods. Typical services include those provided by food suppliers, mechanics, plumbers, accountants, lawyers, and consultants, as well as the hiring (other than contract purchase) or leasing of goods.
Electronically supplied services, including digitized goods delivered online and the physical supply of customized software are considered supplies of services for VAT purposes. Services also include abstaining from doing something and the giving and surrendering of a right.
Place of Supply of Services (General Rules)
There are two general place of supply rules, depending on whether the recipient is a business or consumer:
Business-to-Business (B2B) Services
For supplies of Business-to-Business services (B2B), the place of taxation is the place where the business receiving the services is established (reverse charge). The location of the business client to whom the services are supplied can be where they have established their business, where that person's fixed establishment is located or, without such place of business or a fixed establishment, the place where they have a permanent address or usual place of residence.
Business-to-Consumer (B2C) Services
For supplies of Business-to-Consumer services (B2C), the place of taxation is the place where the supplier is established.
Benefits of Our VAT Services
Our specialized VAT services provide significant advantages for your business:
- Ensure compliance with complex and changing VAT regulations
- Minimize the risk of penalties for errors or late filings
- Maximize VAT recovery opportunities and identify savings
- Simplify international VAT compliance across jurisdictions
- Receive expert guidance on VAT planning and optimization strategies
- Gain peace of mind with professional representation during investigations
- Save time and resources with comprehensive VAT management
- Make informed decisions with proactive VAT advice tailored to your business
