As in so many aspects of our business environment, VAT has become increasingly onerous and worthy of careful consideration by all businesses.

It is particularly important for property transactions and those operating partially exempt VAT schemes, where recent changes to the rules must be observed. The recent merger of the Inland Revenue and Customs & Excise is bound to widen the scope of information available to both parties. A corresponding increase in VAT inspections and investigations can be expected.

However on a more positive note, careful and proactive VAT planning is possible within the UK. We are very keen to assist with this and all other aspects of this wide ranging and difficult area of indirect tax:

• VAT returns
• Advice on VAT control and administration
• Advice on the most appropriate scheme for your business
• Assistance with VAT inspections

We are happy to undertake a VAT healthcheck on your business. Please contact Paul Michaelides for more information.