Specialist VAT Services

VAT is a key tax, but the regime is so complicated that many businesses unintentionally overpay or underpay.

Indeed, with ever-changing regulations and increased scrutiny from HM Revenue & Customs (HMRC), a trained professional eye is vital to ensure you stay compliant with VAT legislation and only pay the tax you owe. That is exactly what you will fi nd at Watson Buckle.

Dedicated expertise

At Watson Buckle, we have many years’ experience of providing bespoke advice to companies and not-for-profi t organisations, maximising the effectiveness of one-off transactions and achieving the best VAT outcome for ongoing business arrangements, including overseas trade.

As a result, we can help ensure that businesses make signifi cant savings and avoid the potential VAT pitfalls, both now and in the future. Furthermore, our VAT audits will highlight changes that can result in fi nancial savings and reduced risks.

Land and property VAT issues

VAT issues relating to the sale or purchase of land or property and property development are amongst the most complex – and, potentially, the most costly due to the substantial sums involved.

At Watson Buckle, we can advise on all related aspects of VAT, including:

  • Sales and supplies
  • Option to tax
  • Supplies between landlords and tenants
  • Capital goods scheme

International VAT issues

The issue of international VAT is hugely complicated, with more than 130 countries having their own regimes. Consequently, it is essential to seek specialist advice.

At Watson Buckle, we can advise on all related aspects of VAT, including:

  • Reclaiming VAT on imported goods
  • VAT rating of exported goods
  • Accounting for VAT under the reverse charge
  • Business to non-business supplies
  • Completing the EC Sales List
  • Claims for recovery of VAT incurred in other EU countries

Disputes with HM Revenue & Customs (HMRC)

With HMRC currently targeting all forms of perceived tax avoidance and evasion, disputes can often arise. That is when you need expert advice and support to help you through the process.

At Watson Buckle, we understand how HMRC works and will negotiate the best possible settlement. We can provide:

  • Advice on HMRC’s powers to demand documentation and information
  • Negotiation with HMRC in relation to a VAT investigation

Interested? Then take action...

If you are would like to fi nd out more about our specialist VAT services, please contact us.