If your client or your business incurs VAT on expenditure in another EU Member State (where it is not established and makes no supplies that require VAT registration in that state) then the VAT in question is potentially recoverable. The amount refundable is determined under the deduction rules of the relevant EU Member State.Read More
We are continuing to receive a number of calls on our helpline from property developers and their advisors seeking clarification of the VAT liability of construction or conversion costs, and requesting advice in relation to the recovery of VAT on costs relating to property development schemesRead More
When and if the UK exits the single market, UK businesses that sell goods to consumers in other EC member states such as businesses trading on Amazon, eBay or similar online platforms will no longer be able to register for VAT under the distance selling rules in other EC member states, so any current distance sales VAT registrations in other member states will become invalid. The goods sent from the UK to EC end consumers will instead become subject to VAT and duty at the point that they clear into the EC from the UK.Read More
We can assist you if you: • find VAT a real puzzle, • wonder if the majority of VAT publications are written in a strange foreign language, • are concerned about what Brexit means when your business accounts for VAT, or; • simply require a refresher to supplement your VAT knowledge and add to the bundle of evidence that your organisation carries out due diligenceRead More
With effect from 1 October 2019 businesses involved in supplies of construction services will be need to change how they account for VAT. If the supplier is making a supply of services that are liable to the reverse charge it will still need to issue VAT invoices but will not declare and pay VAT to HMRC. Instead its customer will become responsible for accounting for VAT by making a reverse charge, unless the customer is an end user of the services.Read More
VAT is a particularly complex tax for the construction sector, with multiple VAT rates potentially applying to a property development. This makes it easy for a supplier to charge the wrong rate of VAT; also, the recipien.....Read More
Tamara was my first port of call when I needed a VAT expert. She is extremely knowledgeable, dependable, thorough and efficient. I would recommend her personally to any business needing this kind of assistance.
The VAT People have been used by Cosmo Leisure for many years. We have found them to be very thorough and professional in all that they do. They have looked after some very complicated tax issues for us, always meeting deadlines at short notice and pursuing successful claims.
Tamara has advised a number of our clients on VAT-related matters and her advice has always been timely and relevant. She is also willing to discuss matters on an informal basis and could not be more helpful. I recommend her and her firm whole-heartedly.
We have used the services of the VAT people for many years and our point of contact is Steve Howard. We especially make use of the free help line which is marvellous. Steve is fantastic to deal with and he always provides speedy response, excellent answers to our queries and delivers value for money We would not hesitate to recommend the company and especially Steve to any of our clients or business colleagues
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