VAT is a tax that is constantly developing. Changes to the VAT system occur partly because of amendments to legislation and partly because of the way that the courts interpret the law. Keeping up to date with all of the VAT rules is a difficult task, but it is essential, as even innocent errors can result in harsh penalties. The new VAT penalty regime means automatic penalties for errors unless you can show you have taken 'due care' - instructing an adviser is regarded as evidence of this.

Our services are designed to help you develop effective VAT strategies, manage your compliance responsibilities and proactively address any risks which may emerge as failure to manage VAT efficiently can lead to mistakes which in turn can impact your cash flow.   We provide VAT advice that is relevant to your business, sector and competitive environment.

For more information or for a free initial consultation please contact your local office or email: tax@dains.com