Kids party/holiday provider centred on art classes was facing VAT registration and a reduction in profit. Referred by their business coach we explored the extent of applying the education exemption. As art is a subject taught in schools we found […]
Limited Partnership unsure of VAT on property and concerned by VAT on unusual transactions. Acting for the solicitors handling surrenders of leases to create a residential development we were able to structure the transactions so that they were incurred by […]
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 […]