Optician practice’s partial exemption method was not on the correct footing so VAT was due. A change of accountants led to questions over the validity of the methodology. We were able to rework prior years and limit the VAT underpayment, […]
Property company was trying to register for VAT but HMRC had refused. We found that the company was entitled to register under the intending trader provisions and successfully argued the case with HMRC who allowed a retrospective registration which therefore […]
Property development company acquiring development land in a barter arrangement. The land was owned by a working men’s club who agreed to sell provided the developer constructed a new clubhouse for them on another site. As a barter transaction the […]
Sale or return retail company with several outlets operating as separate entities led to disaggregation concerns. The arrangements had left the client exposed but by reference to contracts and the actual trading structure we were able to recommend how these […]
Seller of event tickets & holiday packages unsure if TOMS had been handled correctly. Using the complex TOMS rules we were able to review and verify the methodology making modification and improvements so that prior and future VAT accounting is […]
Singapore based business was sourcing and selling cars into the UK. We provided guidance on how VAT should be arranged for cars imported into the UK by a non-UK business to enable VAT to flow through to the final sale.