Our VAT approach
VAT is one of the largest sources of revenue for HMRC, and the rules can be complex to understand. With an ever-growing focus on ensuring accurate VAT reporting, VAT advisory services are becoming increasingly important. By seeking the correct advice at the appropriate time, you can have peace of mind that your VAT affairs are in order.
Our VAT team are here to help you, do not hesitate to enquire now!
Our VAT services
Our dedicated VAT team will help you to consider the full impact of VAT through all stages of your business, from considering a new activity, through to acquisitions, overseas expansion and disposal of part of the business.
We provide VAT advisory services both internally within Menzies and externally on a range of specialist and general areas. Some of our services include, but are not limited to:
- Any type of VAT enquiry across all internal service lines and industry sectors
- VAT registration and deregistration
- Error correction advice and relevant notifications to HMRC
- Review of VAT liabilities and compliance position
- HMRC compliance checks
- VAT training on basic or specialist areas
- Customs advice and queries
Please contact us with any query you have, no matter how trivial, and we will assist you.
VAT: 60 Second Update Hub
Explore our monthly updatesOur Insights
Important upcoming changes to export declaration processes – 4 June 2024
Please note that the deadline to transition to CDS has been extended to 4 June…
Post Pandemic VAT Recovery Alert: The Overlooked Opportunity for Hard-hit Hospitality Businesses to Maximise Refunds
Are you overlooking a golden opportunity? Many hospitality businesses do not realise that they may…
The VAT relief that can bite back!
Charities are entitled to claim relief from VAT when they construct new buildings. This can…
Option to Tax Notifications
HMRC have recently changed their policy on acknowledging Option to Tax notifications. Historically they have…
An overview of the EU Carbon Border Adjustment Mechanism
What is it? The Carbon Border Adjustment Mechanism (CBAM) will impact all exporters of certain…
VAT Treatment of fund management services
For more information, or assistance on financial and insurance services VAT matters please speak to…
When is a fundraising event a VAT exempt fundraising event?
The conditions to apply the VAT exemption on admission to fundraising events were considered in…
The Border Target Operating Model (TOM)
The draft Border Target Operating Model (TOM) proposes a new approach to security for all…
VAT on independent school fees: FAQs
Following Labour’s election win, they have gone ahead with their intention to impose VAT on…