Our next event

Royal Norfolk Show 2017

June 2017
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Our next event

Royal Norfolk Show 2017

June 2017
View details

Business

VAT advice and services

VAT Advice and Services

VAT advice straight from the experts


Our focus is to help you minimise your VAT losses and maximise your cash flow. Our team of experts have experience of working as HM Revenue and Customs officers and as such are able to help you understand the ever changing case law, legislation and guidance in order to help you stay compliant.

VAT planning helps you make the most of every transaction


Our advice is always practical and straightforward. It will also be specific to your industry. We will help you build good practices that protect you against errors and losses. With our guidance you will:
  • identify the best time to register and the most suitable VAT accounting method for your business
  • develop good procedures and rigorous systems.

We will guide you through your return submissions and errors. And can even negotiate with HMRC on your behalf.


We will carry out a regular VAT ‘health check’ of your business to make sure you don’t pay unnecessary VAT and you recover the maximum amount you can.
We can help with all aspects of VAT planning, but have particular expertise in:
  • land, property and construction
  • business transfers
  • the flat rate scheme and partial exemption
  • imports, exports and trade on both EU and an international level
  • charities and academies
  • VAT assurance visits, penalties and voluntary disclosures
  • financial services


Case study – timely intervention prevented our client paying £000’s in VAT

After substantial growth in the past few years a local business constructed a warehouse to operate from at a cost of £600,000 plus VAT. The business continued to grow and operate from the warehouse for just over three years and decided it was time to move on and find even larger premises to expand the business. Unknowingly, had the business sold the property without appropriate VAT planning they would have had to repay some of the £120,000 VAT incurred on the construction costs due to a piece of legislation known as the Capital Goods Scheme. Fortunately, we were able to identify this and plan accordingly to avoid having to repay a substantial amount of VAT.
Call us on 01603 663300       

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Helpful documents

VAT Advice
VAT Advice
Download
 
Should you register for VAT?
Should you register for VAT?
Download
 
Intrastat supplementary declarations
Do I need to submit intrastat supplementary declarations?
Download
"Lovewell Blake help us with much more than just the year end accounts and tax. They facilitated a valuable strategic planning exercise for us and also provide independent input at board meetings, ensuring these remain business focussed."
 
 

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Free HR masterclasses will help businesses prepare for redundancy and restructure
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With the General Election result producing ongoing political uncertainty, businesses need to prepare for the possible impact of that uncertainty – that is the message which will be put across at two masterclasses being presented by HR specialists from Lovewell Blake taking place next month.
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September agricultural briefing
20 September 2017
Our next agricultural briefing for professionals will take place on Wednesday 20 September. More details to follow.
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Practice Manager masterclass: managing staff performance and sickness absence
18 July 2017
Our specialist medical team will be hosting a series of free masterclasses aimed at providing Practice Managers with a useful insight into a number of topical and complex areas that...
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Practice Manager masterclass: topical VAT matters
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Our specialist medical team will be hosting a series of free masterclasses aimed at providing Practice Managers with a useful insight into a number of topical and complex areas that...
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