VAT can give even seasoned tax advisers the jitters.  During the Court of Appeal case of Royal and Sun Alliance vs. Commissioners of Customs & Excise, back in 2001, Lord Justice Sedley commented that:-

“beyond the everyday world lies the world of VAT, a kind of fiscal theme park in which factual and legal realities are suspended or inverted”

He wasn’t entirely joking.  No wonder, therefore, that for all the people in the world who are confident that they understand how VAT works, most professionals approach their work on the basis that “it depends” and prefer to double check details.

At Anderson and Edwards we advise clients across a broad range of sectors, from health/wellness, through property and construction, to the travel sector and member directed pension funds.

Whilst the answer for VAT tax questions is always “it depends”, we generally can advise on what something depends on, so that clients can then arrange their affairs in the most efficient way.

If this sounds like you, we can help:

• You have a large/unusual transaction upcoming and you’re clear if you should charge or pay VAT.
• You’re paying out a lot of VAT on your costs but don’t know if you can reclaim it all from HMRC
• Your company’s VAT Returns are done “the way we’ve always done it” but the person who set them up retired years ago
• There was something in the news recently about a big change in VAT but nobody’s sure if it applies to your business