VAT is one of the most important and complicated tax systems imposed on businesses. Often businesses struggle to cope up with their VAT obligations and end up underpaying or overpaying to the Revenue.

DNS Accountants specialise in providing advice on registering for VAT, VAT savings and avoiding potential risks, giving you complete peace of mind. We do more than just compliance and offer a specialist consultancy service.

Our VAT Support Services Include :

  • Choosing the appropriate VAT scheme
  • VAT Registration including Option to Tax
  • Preparing VAT returns and reconciliation
  • Submission of VAT returns – Making Tax Digital (MTD) compliant
  • Advice on VAT savings
  • Avoiding VAT pitfalls – VAT errors are common, can be costly if interests and penalties are applied
  • VAT Investigation support

VAT Risks

Every business can have VAT repercussions, which can arise from the transactions that they make in everyday activities. Some of the common transactions which require careful planning:

Dealing with EU/International Customers

Buying and selling of business

Transaction related to Property- development, buying and selling

Various VAT thresholds

Certain High Value Transactions – like VAT recovery on property, cars and other assets

Multiple trades/Partially exempt income

Group Companies

Important VAT consultancy services Sectors

Businesses involved in the below sectors should consider specialist advice and can benefit from our VAT consultancy services:

For more information on how we can help, please contact our office on 03300 88 66 86.