VAT

Services

VAT Consultancy

Our objective is to save clients’ money and manage their VAT risk. Here are examples of our recent advisory projects:-

Property Advice

  • to landowners selling development land, in conjunction with our tax and rural experts, to maximise the post-tax receipt and to manage risk
  • to developers on the correct VAT treatment of complex transactions
  • to contractors on charging VAT correctly, including the reverse charge for building and construction services
  • to charities and individuals on maximising VAT relief on the costs of building projects, and assistance in submitting “DIY” VAT reclaims

Advice to Charities

  • on the optimum VAT treatment of charitable income
  • on structuring and the use of trading subsidiaries
  • on practical and effective partial exemption methodology to recover VAT on expenditure
  • on apportioning membership subscriptions

Advice to businesses trading overseas

  • in relation to post-Brexit rules
  • in relation to current, and impending, VAT rules and compliance obligations

Helping businesses

  • manage HMRC inspections and interventions
  • contest HMRC decisions
  • negotiate with HMRC
  • choose the correct VAT scheme, e.g. for retailers, small businesses, or to improve cashflow
  • needing advice on large or complex transactions, including restructuring or selling their business, or buying a new one
  • needing reassurance on their VAT compliance via a VAT “healthcheck”

Steve Chamberlain, Senior Manager, says:-

"I’ve worked at both large, national firms, and independent regional practices. For me, MHA Monahans is the best of both worlds. MHA is a true, collaborative, friendly, network. Being able to reach out and discuss technical matters with 20 or so MHA specialists, many of whom have like me, been working exclusively in VAT for many, many years, is what sets MHA Monahans apart from similar firms."

News & Insights

VAT Consultancy