Every individual, company or partnership is affected by the complex rules of VAT on a daily basis, but VAT remains the least understood of all taxes. Which is why we set up our specialist VAT advisory department; here to help guide you through the complex maze of VAT legislation.
Free Review of your VAT returns
VAT is one of the most widely paid, yet least understood of all taxes in the UK. The complex rules of VAT affect every person, company, or partnership in some way. For VAT registered businesses there are a multitude of potential risks and penalties if VAT isn’t properly planned, or if the right advice is not sought.
VAT errors come in all shapes and sizes but can generally be rectified on the next VAT return you submit.
For peace of mind, our dedicated VAT team is happy to review your last VAT return, free of charge, and to reduce the risk of any penalties or problems.
Working with Shorts
Our team can help with all areas of VAT from relatively basic issues such as initial registration, the completion and submission of VAT returns and advice on how to correct errors and mistakes, through to more complex issues such as assessments, control visits, cross border transactions and transfers of going concerns.
Within our VAT team are professionals with extensive experience of providing VAT planning advice on commercial property transactions and we have a proven track record in helping our clients structure these to minimise the impact on cash flow.
We welcome you to book a consultation with Shorts today to discuss any VAT queries you may have, or any VAT challenges you may be facing.
Shorts has more expert tax advisers than any independent firm in our region. Whatever your VAT query, our team is here to help.
The Shorts VAT Team
Learn more about how VAT works using our library of helpful guides and resources
Latest VAT news and resources
VAT on Labour Costs charged by Tradespeople
For tradespeople, such as plumbers, electricians or painter-decorators, calculating costs for your customers is a balancing act, with several considerations to be taken into acccount, including the cost of materials and supplies necessary for the job, overhead expenses for the business and the cost of labour.
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VAT on Private School fees – 2023/24 Latest
When it comes to educational institutions, the application of VAT is a topic of considerable importance, but also complexity. It is also a hot topic in politics, with varied positions expressed by political parties. As such, the status of VAT on school fees is subject to be reviewed, and possibly changed, over the coming years.
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VAT refunds for Aesthetic Clinics
If you are a VAT-registered aesthetic clinic, are you charging VAT on all your treatments?
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