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

Contact Our Team of accountants to discuss our advisory services including Budgets And Forecasts, Tax Planning Reviews, Monthly Quarterly Review Meetings, Business Valuations and Paye Health Checks.

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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Contact Us

2 Station Road West
Oxted
RH8 9EP
Email: Info@Mckenziesgroup.Com
Tel: 01883 717077

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UK Autumn Budget 2025: Key Changes and What They Mean for You

UK Autumn Budget 2025: What You Need to Know
Chancellor Rachel Reeves’ Autumn Budget introduces major changes affecting individuals, businesses, and investors. Key measures include frozen tax thresholds until 2031, higher taxes on property, dividends and savings, a new council tax surcharge for homes over £2m, and reduced Cash ISA limits. Businesses benefit from continued full expensing and business rates reform, while inheritance tax reliefs face tighter caps. Making Tax Digital becomes mandatory for sole traders and partnerships from 2026, and PAYE rules tighten for employers. VAT rates remain unchanged, but new duties on vaping products and EV road pricing are on the horizon.

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