VAT HEALTH CHECKS

ADVISORY VAT HEALTH CHECKS

VAT is the tax imposed as a percentage of the net invoice value of goods and services.

Currently the standard rate is 20% however some goods and services are subject to domestic reverse charge, reduced rates, zero rated or outside of the scope entirely.

Let us help you claim all the VAT back that you are entitled to either as a company or individual and ensure you are charging out VAT at the correct rates too.

There are two methods of accounting for VAT, being the standard (invoice) basis or cash basis and various schemes that some businesses can use such as second-hand, marginal or flat-rate schemes.

We understand that navigating VAT can be challenging and can put an added burden on your business finances. That is why we offer a comprehensive VAT Health Check service so you can rest assured knowing every detail of your accounts have been reviewed and that you can operate your business efficiently.

Our experienced team of accountants and tax advisors will work with you to identify any areas where you might qualify for reclaiming back overpaid taxes.

Let us help you claim all the VAT back that you are entitled to either as a company or individual.

Our Advisory Services

VAT Health Checks

McKenzies has acted for the Group since 2006 and have identified a number of significant tax savings missed by our previous accountants.

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