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“...they noticed I’d paid out a substantial amount of VAT that I didn’t need to – running into the tens of thousands of pounds...”
Many businesses unintentionally over or underpay Value Added Tax (VAT) as a result of its complexity.
The widening parameters of this burdensome tax and frequent changes made by HM Revenue & Customs often require the assistance of a professional to ensure that businesses comply with the relevant regulations.
Michaelides Warner provides an efficient VAT service, which includes:
Call us today for more information on VAT and your business.
"As with so many aspects of the business environment, VAT has become increasingly onerous and worthy of careful consideration. It is particularly important for property transactions and those operating partially exempt VAT schemes.
Careful and proactive VAT planning is possible within the UK and can avoid costly VAT inspections and investigations and should be an integral part of the financial management of any business."
25 Apr 2018
A new report published by fraud prevention service Cifas has revealed that 2017 had the 'highest number of identity fraud cases ever recorded'.