VAT Advice

Why is it important to take timely VAT advice?

Changes in VAT policy and case law often result in unexpected tax bills and missed opportunities. VAT is a transaction tax and needs to be considered before the transaction takes place if the best commercial outcome is to be achieved. With the introduction of increased penalty rates in 2009 it has never been more important to take timely VAT advice.

VAT planning can save you money

Very often large VAT savings can result from small changes in the way a business operates. Barnes Roffe has access to years of VAT experience and expertise to help you unlock these savings. VAT planning can also help you to pay the minimum VAT on one-off transactions, or set up the optimal VAT arrangement for overseas trading.

Advice on VAT disputes

If you have received an assessment for underpaid VAT or face any other VAT issue, we have the specialist skills necessary to negotiate reduced assessments and implement proactive strategies to manage or eliminate risk. Where a matter must be presented to the VAT Tribunal to obtain a determination we are also able to assist and work closely with Tax Counsel.

Our ethical approach to VAT advice

VAT evasion is illegal. VAT avoidance is perfectly legal but is frowned upon by the UK tax authority, which will use all the powers at its disposal to prevent avoidance, including undertaking investigations designed to cause commercial disruption and litigating.

Our VAT advice aims to allow you to pay the minimum amount of VAT without infringing any laws or harming any relationship with HMRC. We do not advocate confrontational policies or contrived transactions, and we are not in the business of promoting avoidance schemes.