VAT Disputes, Appeals & Litigation
There are special VAT rules that apply to businesses that trade directly with the public – this includes shops, pubs, gyms, theatres, restaurants and a myriad of other businesses. There are a range of schemes available to help retailers ensure their VAT processes are smooth and compliant, as well as to make savings in a variety of areas we’ve got the expert knowledge and experience in the sector to advise on how you can maximise your savings.
There are also some real opportunities for retailers involving close analysis of the law. We are currently working on an interesting case within the hospitality industry, disputing how HMRC approaches some interpretation of the law.
Whether you are an online, bricks and mortar or combination business, there are different retail schemes and options designed for different sizes and levels of business. It can be difficult to know which scheme you need to join and whether you are ensuring compliance from the point of purchase to the final sale. That’s where we come in. We’re here to guide you through everything from complex registrations, partial exemptions, audits and inspections, disputes, and so much more.
Are you doing the right thing? Our expert consultants can conduct a thorough audit of your business, evaluating the implications and outcomes as well as identifying optimisation opportunities.
Which retail scheme suits your business? It can be time-consuming and difficult to account for VAT on every sale you make. Retail Schemes are in place instead of accounting for VAT in the usual way. We will work with you and analyse your business objectives and needs to advise you on which Scheme will best serve you.
Fail to plan, plan to fail – It Is essential to plan your VAT activity for the year ahead. Devising a strategy and optimising it can result in recovering more VAT than you initially thought, and recovering it earlier than usual. Our experts are innovators, and have vast experience of what works and what doesn’t. We provide better solutions to make the whole VAT experience smoother and more profitable for you.
Once you’ve got a plan in place, or maybe you’ve had the same plan for a while, it is essential to conduct a thorough audit or review to ensure you are remaining compliant and adhering to best practices, but also to leave no stone unturned when it comes to opportunities to create savings. We have conducted in-depth evaluations for all sizes of organisations, and truly enjoy uncovering and implementing VAT savings.
When HMRC becomes a headache – It can be overwhelming if you receive a notice of assessment or a penalty from HMRC. There’s no need to worry, you’ll be in good hands when our specialists work with HMRC on your behalf. We have a proven track record of disputing claims and getting penalties reduced or withdrawn on behalf of our clients.
Brexit has had a huge impact on the retail sector when it comes to VAT, with the VAT Retail Export Scheme to be removed as of 1st January 2021. Ensure you know what you need to have in place.
Please note: If your turnover excludes VAT exceeds £130 million, you must agree a bespoke retail scheme with HMRC.
"VATangles is a trusted partner who has an in-depth knowledge of tax law and success at representing clients at Tribunals and in the Courts. Their expertise and advice on a recent case and other VAT matters over the last few years has been invaluable."
Gary Horne, Executive Vice Principal
Colchester Institute Corporation
Here's our latest analysis and thought pieces impacting VAT accounting.