Our next event

HR masterclass: staff handbook policies and procedures (Norwich)

November 2017
View details

Our next event

HR masterclass: staff handbook policies and procedures (Norwich)

November 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 £1000’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
 
VAT and Motability cars - alert
VAT and Motability cars - alert
Download
"We have used Lovewell Blake for our business and personal accountancy needs for a number of years. We always receive a professional, efficient and helpful service and feel safe in the knowledge that our accounts are in order. We would recommend Lovewell Blake to any business and have done already."
 
 

News

Let our food and drink producers lead the way to new export markets
Justin Wright

11 October 2017
Justin Wright, who heads up Lovewell Blake’s specialist food and drink team, says we must not hold back the food and drink sector as it seeks to find new overseas markets.
Read More

New Partner for Lovewell Blake
Marketing Team

6 October 2017
Leading regional chartered accountants, business advisers and financial planners Lovewell Blake has announced the appointment of a new partner based at its Thetford office: Jamie Norton.
Read More

See all our news

Events

Autumn Budget Seminar 2017
24 November 2017
The Chancellor of the Exchequer, Philip Hammond, will deliver his first Autumn Budget on Wednesday 22 November 2017.
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HR masterclass: staff handbook policies and procedures (Lowestoft)
14 November 2017
We would be delighted if you could join our HR consultants for the next in our series of HR masterclasses, where we will consider the importance of having staff handbook...
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HR masterclass: staff handbook policies and procedures (Norwich)
7 November 2017
Do you need written policies and procedures in your workplace?
Read More