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Insights

HMRC loses appeal on single farm payment VAT charges

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title

Insights

HMRC loses appeal on single farm payment VAT charges

Find out more

VAT

VAT and associated sales taxes continue to be complex; our VAT experts come from a variety of backgrounds, and are experienced in handling both the day-to-day VAT issues and those more nuanced and high-risk solutions. 

HMRC disputes and investigations

Whatever the stage of an HMRC investigation you find yourself, we can prepare you for, and attend, VAT inspections. We aim to resolve disputes using the most cost-effective method, including directly challenging unfair and incorrect decisions, or by negotiation using alternative dispute resolution. We also have extensive experience in VAT appeals in tribunals and courts, and offer fee protection insurance to protect you against the costs of a dispute before it arises.

VAT compliance

VAT is a complex tax and HMRC threaten penalties for any errors; let us guide you through the maze of regulations. We work with you to ensure that you understand VAT and its impact on your transactions, assisting with: 

  • VAT registrations
  • Ad-hoc advice
  • Assistance with partial exemption methods or special VAT schemes
  • Advising on record-keeping 
  • Completing VAT calculations and VAT returns on your behalf. 

International VAT

With businesses now trading across the globe, UK VAT is just one complexity, and overseas VAT registration may also be required. Utilising our experience in advising on cross-border supply chains, we can help you deal with complex transactions as well as offer access to our global VAT network through Baker Tilly International.

Customs duties

Customs duty can often be overlooked, resulting in a big impact on profit margins. We offer services to deal with:

  • AEO applications
  • Binding tariff instructions
  • Inward processing authorisation
  • Tariff reviews

Land, property and construction

The VAT rules in relation to property transactions are particularly complex and this, coupled with the high value of transactions, means that specific VAT advice is highly recommended - particularly in relation to:

  • Option to tax
  • Relevant residential and relevant charitable developments
  • 5% reduced rate construction services
  • Capital Goods Scheme
  • Transfers of a going concern
  • New build dwellings

VAT health checks

VAT has evolved from the “simple tax” originally introduced, and it is easy for even the most diligent businesses to make mistakes. Our VAT health check aims to give your business peace of mind that it is compliant with all relevant rules, as well highlighting opportunities for VAT savings and efficiencies. We review:

  • VAT accounting processes and systems
  • The liability of income streams 
  • VAT recovery position, including partial exemption methods
  • Specific issues or one-off activities
  • Special accounting schemes, such as the flat rate or cash accounting schemes

Get in touch to chat about getting your VAT affairs in order.

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HMRC loses appeal on single farm payment VAT charges

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Get in touch with our expert team