VAT Specialists

Whether you are a business owner or a firm of Accountants in need of VAT specialist advice we can help you or your clients reduce the burden of dealing with VAT. We are a team of VAT specialists available to answer your questions and provide you with high-quality VAT services. A number of firms of Accountants have been referring their clients to us for over 20 years for VAT specialist advice.

Do you need to register for VAT, or have you received a VAT assessment or VAT penalties? Are you entitled to VAT reliefs or require advice with a VAT dispute?  Call us on 0161 883 2120 to discuss your issue without obligation.

VAT repayments

Our VAT specialist team have secured significant VAT repayments for a wide variety of companies in different sectors such as car dealerships, insurance brokers, finance sector, leisure, importers, exporters, care homes, construction, not for profit, wholesalers, retailers, and catering. Each business needs to be considered on its own individual set of circumstances.

VAT specialists in VAT litigation and VAT disputes

Many companies encounter VAT disputes with HMRC in regard to its VAT position. Our VAT specialists deal with VAT disputes on a regular basis and have been able to resolve disputes by way of negotiation with HMRC either informally or by way of a formal VAT review.

VAT litigation can often be successfully resolved using Alternative Dispute Resolution (VAT ADR) without the need of a substantive hearing at the Tax Tribunal. Our VAT Specialists can guide clients through the whole VAT ADR process from making the initial application through to representing clients during the final stage which may take place by way of a face to face meeting with HMRC or remotely.

In appropriate circumstances we have been able to agree with HMRC to withdraw or reduce VAT assessments. It is sometimes possible to have VAT penalties withdrawn, suspended or reduced.  Our team are not only well versed in the VAT law, VAT regulations and VAT case precedents they are also knowledgable of HMRC’s procedures which we believe is essential in achieving the best outcome possible for our clients.

If need be our VAT specialists can be authorised by clients to then be able to lodge an appeal at the Tax Tribunal on behalf of clients.  Our VAT specialist firm regularly instructs Counsel. Issues can become detailed requiring contact with HMRC’s Solicitors Office, working on the required bundle of documents, drafting applications to the Tribunal, and assisting clients to prepare any necessary witness statements.  Our VAT Accountants are available throughout the process including attendance at any hearing to provide clients with any appropriate help and support.

VAT specialist for VAT Partial exemption

If an entity makes, or intends to make, both taxable and exempt supplies, they are regarded as being partly exempt for VAT purposes.

If an entity is partly exempt, it is likely that they will not be able to recover all of their input VAT, and a partial exemption method can be used to work out how much of this input VAT they are able to recover on their costs that relate to both taxable and exempt supplies.

Our VAT specialists have vast experience of partial exemption.

More information with regard to VAT partial exemption can be found at https://www.solvevat.co.uk/vat-partial-exemption/

VAT specialist on land and property

VAT in relation to land and property transactions is a particularly complex area where we would recommende that advice from a VAT specialist should be sought. We have seen examples when pro-active VAT advice has not been sought which inadevertantly cost either the property developer or the contractor hundrreds of thousands of pounds. Do not be fooled into thinking that VAT is a “simple tax”.

VAT advice in relation to property transactions often requires liason with the clients firm of Solicitors to ensure the correct VAT treatment of any property transaction. For the purposes of VAT the liability of a land and property transaction can be either outside the scope of VAT, or liable to VAT at 0%, or liable to VAT at 5%, or laibale to VAT at 20%. In certain circumstances the owner of the benificial title in the land or a landlord can chose which VAT liability to apply and this can then impact the amount of VAT that can be recovered on expenditure.

More information with regard to VAT on land and property can be found at https://www.solvevat.co.uk/vat-expertise/vat-land-property/

HM Revenue and Customs (HMRC)

HMRC are the UK tax authroity responsible for VAT. General enquiries for information from HMRC with regard VAT can be found at https://www.gov.uk/government/organisations/hm-revenue-customs/contact/vat-enquiries