VAT Planning & Compliance
“VAT bill is the only thing preventing Coventry City from attaining the Premiership” – anon 2019
“VAT will be a simple tax on the supply of goods and services” – Chancellor of Exchequer, 1972
Clearly neither of the above statements is true.
VAT is THE MOST Challenging Tax:
What is true is that for many people, including accountants, VAT is the most challenging and complicated tax they deal with. In recognition of this Burgis & Bullock have a team of VAT specialists who are dedicated on a full-time basis to dealing with clients’ VAT concerns. VAT work can involve simple compliance matters right through to the VAT consequences of very complex corporate transactions. Burgis & Bullock have found there is no such thing as a ‘simple’ VAT question’.
Burgis & Bullock's VAT team works closely with clients because what may seem like a very simple issue can very quickly turn in to a horror story if not handled properly. Whilst direct tax may be complex there can be some logic to the approach. Unfortunately, this cannot always be said of VAT where the conclusion may make no sense at all.
Burgis & Bullock's team of specialists possess considerable expertise and knowledge of all aspects of the tax and its requirements. All have experience of both working directly for HMRC and specialising in VAT for many years within the accountancy profession. Burgis & Bullock understand the pitfalls and the loopholes of VAT legislation and how to make best use of them to benefit your business. Particular areas of expertise include charities and other not for profits, the financial sector, Land and Property, the health sector and other professional services.