VAT is one of the most complex areas of tax legislation.
The cost of mistakes can be very high and a proactive approach is required to ensure that businesses keep within the many rules and regulations.
We will help keep your VAT affairs in order, make sure you are collecting the right amounts for each transaction, and ensure that you make payments and file returns correctly and on time. We can assist you with compliance issues, and help minimise liabilities and penalties in the event of a VAT Investigation.
Whether you are a start-up business, a national company or a not for profit organisation, our services are adapted to suit your needs and those of your sector.
We offer a number of VAT services to ensure you don’t end up paying the wrong amount of VAT. Our services include:
- VAT Registration and De-Registration
- Assistance with VAT Return Completion
- VAT Control and Reconciliation
- Advice on the most appropriate scheme
- Negotiation with HM Revenue & Customs and representation at First Tier Tribunals
At Stringer Mallard we have a complete understanding not only of the legislation but of HMRC’s policies and procedures. Our work extends to every aspect of VAT but some of the services we are most often asked to provide involve negotiation with HMRC on liability issues and agreeing partial exemption methods, providing VAT planning ideas for clients to improve cash flow, assisting clients through the maze of VAT property law, and advising them on EU and other international transactions.
We also offer a VAT health check so that you can be confident that any Inspection by HM Revenue & Customs should not reveal any significant errors – giving you peace of mind. It will also highlight if there are any areas where savings can be made. This normally consists of a two hour meeting followed by a short report.
We can also undertake tailor made training courses to enable staff to identify common VAT errors and generally enhance the participant’s knowledge of VAT.