Value Added Tax (VAT)

VAT returns could be a simple and straightforward process or could be very complex, depending on your business size, industry and transactions. Whatever your business position is, we are here to help.
At Fabaci, we take a holistic approach when managing your VAT which means that we do not just take the figures from your bookkeeping and submit them to HMRC but we do check their accuracy first. This way you can rest assure that your VAT return is accurate and that your business claims all VAT that it incurs.

Different VAT rules apply when clients buy or sell goods or services outside of the UK. Many considerations should be taken into account when deciding on the treatment of those VAT transactions. Also in some cases, there are other reporting requirements such as EC sales list.

Our VAT experts have a wealth of knowledge and experience advising clients on matters such as:

  • VAT Mini One Stop Shop
  • Place of supply of services
  • Foreign currency transactions
  • Effect of international transactions on UK VAT registration
  • Buying or selling services outside of the UK
  • Buying or selling goods outside of the UK