Team sport supplier

Team sport supplier had charged VAT on all of its supplies – was this the right answer? Advising on the extent of the Sports exemption led to us quantifying a back claim of >£70k for overpaid output VAT and overcoming […]

Theatre Club tickets

Theatre Club ticket sales involved retention of a profit margin – what was the value of the supply? Complex agent -v- principal considerations led to uncertainty on the value of VAT due. Review of contracts and website presentation along with […]

US based Formula E racing team

US based Formula E racing team had an argument with HMRC about recoverable VAT. A HMRC compliance check challenged entitlement to VAT reclaims of >£350k which had not been accounted for very carefully. By reconstructing the records and presenting the […]

Insurance company

Insurance company involved in car policies under which written off cars had to be disposed of. The exemption for insurance allied with second hand margin scheme and complex agent -v- principal distinctions had led to confusion. Research and review enabled […]

Gold coins and collectables trader

Gold coins and collectables trader was unsure of how to handle VAT. By exploring the nature of supplies being made we provided the client with an aide memoir to enable accurate VAT accounting going forwards and protect against future costly […]

Air Ambulance

Air Ambulance had registered for VAT but not processed VAT claims due to complex calculations. By coding purchases and income and taking into account non-business restrictions and partial exemption we were able to quantify refunds of >£100k and agree these […]