Worried about a VAT inspection? Butterworths Accountants’ VAT Healthcheck service is designed to identify VAT issues before HMRC does.
We review and sample-check your accounting records and VAT returns for errors, test the most common issues VAT inspectors look for, and compare your VAT returns against your annual accounts. We also check the VAT treatment of your sales, assess whether you are making best use of relevant VAT schemes, and ensure you are applying scheme rules correctly.
Our review can highlight VAT planning opportunities and any weaknesses that may attract HMRC attention. Calling us in before a VAT visit can significantly reduce risk, stress and potential liabilities.
VAT Planning and Disputes
VAT compliance is becoming increasingly complex, and HMRC investigations can be intense. It is vital to have an accountant who understands VAT legislation and is experienced in negotiating with HMRC.
Butterworths Accountants help you make best use of available VAT reliefs and the correct interpretation of the regulations, giving you peace of mind. We assist with VAT registration, advice on suitable VAT schemes, completion of VAT returns, and dealing with VAT control visits and disputes with HMRC.
Our aim is to ensure your VAT affairs are accurate, compliant and structured in the most tax-efficient way.
VAT Registration
Not sure whether you should register for VAT? Butterworths Accountants can advise whether registration is required or beneficial in your circumstances.
We handle the completion of VAT registration forms and formalities and advise on the most suitable VAT schemes for your business. We also provide VAT planning, VAT return completion or training, assistance with disputes and attendance at VAT inspections where required.
VAT Returns
Struggling with VAT returns? VAT compliance is complex, and errors can be costly.
Butterworths Accountants can complete your VAT returns from your bookkeeping records, take over your bookkeeping and prepare the returns for you, or provide training so you can complete them yourself with confidence.
We ensure VAT returns are completed accurately and on time to avoid penalties. We also assist with VAT registration, advice on VAT schemes, VAT planning, disputes with HMRC and attendance at VAT inspections.
Personal tax planning
[insert firm name] can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.
Capital gains tax
You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.
Self assesment
Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.
Corporation tax
Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available. We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are compliant and that you don’t incur any penalties.
Our Core Services
