Our next event

HR Masterclass: Redundancy and restructure

July 2017
View details

Our next event

HR Masterclass: Redundancy and restructure

July 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
"I have used Lovewell Blake for my business and personal tax affairs for over 25 years and I have had no cause to question or complain about their professional attitude or execution of both my personal or business affairs."
 
 

News

Quiz raises over £1000 for Halesworth Festive Lights
Marketing Team

26 April 2017
On Friday 21 April, staff from Lovewell Blake's Halesworth office hosted a charity quiz evening to raise much needed funds for the Halesworth festive lights.
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LB150 three peaks challenge
Marketing Team

25 April 2017
Whilst many of us look forward to the last bank holiday of the summer to enjoy a BBQ, or finish some DIY, this year a team of 13 from Lovewell Blake's Great Yarmouth office will be donning their walking boots and taking on the three peaks challenge. They will have...
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Events

HR Masterclass: Redundancy and restructure (Lowestoft)
6 July 2017
Are you concerned about the impact the current political climate will have on your business in terms of staffing and structure?
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HR Masterclass: Redundancy and restructure
4 July 2017
Are you concerned about the impact the current political climate will have on your business in terms of staffing and structure?
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LB150 Ball
29 April 2017
You are invited to join us at the 2017 LB150 Ball in Lowestoft.
Read More