Value Added Tax (VAT)

VAT can easily be overlooked, but, as a transaction based tax, impacts everything a business does and demands the appropriate time and effort to manage.

VAT is becoming increasingly complex with demanding compliance requirements.

Transactions, whether they are routine daily business purchases and sales, or a larger one-off event, need to be correctly treated for VAT.

HSA & Co has the experience in advising businesses how to manage their VAT, from the start of trading to one off transactions for existing businesses. We also provide assistance with compliance and can prepare, and submit, a variety of VAT, EC Sales Lists and Intrastat returns along with identifying the appropriate VAT scheme to adopt.

In addition to dealing with compliance matters, we are experienced with defending against HMRC challenges, negotiating penalties, managing VAT inspections and, if there has been an underpayment of VAT, negotiating time to pay arrangements. Other areas we can advise on include:

  • Property transactions (acquisitions, disposals, construction and development)
  • Acquisitions and disposals of businesses
  • Exempt supplies, partial exemption calculations and VAT recovery
  • Motor vehicles and expenses
  • Special VAT accounting schemes

Would you like to know more?

Please feel free to get in touch via phone, email or our quick contact form.

We offer initial free consultations simply contact us to find out more.

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