Keeping abreast with the  VAT regulation changes, and compliance with the VAT reporting and filing requirements can be a constant challenge for most small and medium enterprises which are registered for VAT.  Failure to file their VAT  returns on a timely manner and/or account their VAT liabilities correctly to the MRA can have a significant impact on the business costs and cash flows.We have the professional expertise to advise you on the VAT regulation and compliance matters as well as on the proposed business transactions or arrangements and internal control to facilitate compliance with the VAT legislation, and on areas for improvements.

Our VAT services include:

Compliance services

  • Reviewing or preparing and submitting the VAT returns
  • Attending to investigations and queries raised by MRA
  • Application for registration and de-registration

Advisory services

  • VAT due diligence review on potential acquisition targets
  • VATconsultation on proposed business transactions, including interpretation of VAT  legislation
  • VAT relief schemes available and application procedures, etc
  • VAT compliance review and health check
  • Application for exemption from VAT registration
  • Application for VAT incentive schemes (e.g. Major Exporter Scheme, group registration)
  • Application for advance rulings for proposed business arrangements


VAT Registration

For VAT registration we can assist with;

  • Completion of the VAT registration forms and formalities;
  • Advising on the best VAT schemes to use suitable to your businessIn addition we can assist with;
  • Completion of VAT Returns or training on how to complete them;
  • Attendance at VAT inspections.
  • Dealing with any contentious disputes that arise with Customs;



VAT Returns

VAT Returns getting you down?

Compliance with VAT is complex. Investigations by the VATman can be intense – all the more important that your VAT returns are completed correctly.

There are three methods we can use to assist in completion of VAT returns…

  1. Let us do your book-keeping and we complete the return from there;
  2. Give us your books and we’ll complete the return for you;
  3. Provide training on how to complete your return.

We complete VAT returns in good time to ensure you avoid any penalties.

In addition we can assist with;

  • Applying for VAT registration;
  • Advice on the VAT schemes suitable to your business;
  • VAT planning;
  • Dealing with any disputes that arise with Customs;
  • Attendance at VAT inspections.

Leave a Comment