Charity owning significant property - Charity owning significant property portfolio but never registered for VAT - was this the best idea? Advice in relation to costs being incurred on planned property development leading to 4-year back-dated registration securing VAT claims >£100k led also to the… more
Icelandic company - Icelandic company imported IT goods into UK and needed to find a way to recover the import VAT. The accountant could not make the costs recoverable however by acting as UK VAT Agent we were able to establish a short-life… more
Not-for-profit child guardians - Not-for-profit child guardian service provider unsure of the VAT treatment and if over-charging clients. The accountants were unsure and asked us to establish whether VAT had been charged in error on guardianship services to parents of students studying in the… more
Property company - 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… more
Singapore based business - 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. more
Retirement village development - Retirement village development - could VAT be claimed on construction of a members club central hub? Case law and HMRC policy in this area made advising on how to structure the common areas in order to maximise VAT claims by… more
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… more
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… more
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… more
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… more
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… more
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… more