Value added tax is one of the most complex and onerous tax regimes imposed on business – so complex that many businesses inadvertently overpay or underpay VAT. The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of Customs and Excise call for a trained professional eye to ensure that you remain compliant of the regulations and do not pay the Exchequer more than you need to!
It is vital that businesses receive specialist VAT advice so that they can obtain the reliefs to which they are entitled and avoid paying hefty penalties and interest charges.