VAT is a specialist tax and needs specialist advice when dealing with its intricacies. The first hurdle is do you need to be registered for VAT and if not is it still in your interest to be VAT registered? Do you opt for standard rate or flat rate or other schemes and what about cash accounting?
Once that hurdle has been overcome you then get down to what input VAT can be reclaimed and is this subject to any partial exemptions? What are the VAT implications on transactions in land and property? The issues go on but to assist you why not allow us to deal with your VAT requirements whether it’s a VAT registration issue or you need help with the VAT return itself the team at Merit Accountants are invaluable.
Merit Accountants and Tax Advisors Ltd
Registered office address: 5 Brayford Square, London, England, E1 0SG
Tel: 07746401209
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