Value added tax is complex and can be onerous. Many businesses may inadvertently overpay or underpay VAT.

At Samuels we can maintain VAT records for our clients and prepare the VAT returns in good time to ensure compliance with all statutory requirements.

The VAT legislation makes no allowance for incorrect submission of VAT returns. Penalties and interest can be imposed for failure to register for VAT or to submit returns on time. Being registered for VAT and correctly submitting VAT returns on a timely basis is an administrative burden. We can help you with this. You should not forget that you can claim back input VAT for business expenses as part of this process.

At Samuels we provide an efficient cost effective VAT service, which includes:

  • Assistance with VAT registration.
  • Advice on VAT planning and administration.
  • Use of the most appropriate schemes.
  • VAT control and reconciliation.
  • Help with completing VAT returns.
  • Planning to minimise future problems with HM Revenue & Customs (HMRC).
  • Negotiating with Negotiating with HMRC in disputes and representing you at VAT tribunals if required.