Bespoke Professional VAT Advice

Making the most of
VAT opportunities

WHY WORK WITH US

Independent VAT Services

Deeks VAT Consultancy provides independent bespoke VAT consultancy services, to businesses, accountants and solicitors and corporations worldwide.

VAT is one of the most complex and fast-moving of all areas of taxation and is potentially a significant area of risk in your business. The issues and questions surrounding VAT are notoriously difficult. With increased legislation and regulation, this makes VAT one of the most complex taxes you are likely to encounter.

VIEW OUR SERVICES BELOW

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VAT CONSULTANCY & PLANNING

Deeks VAT Consultancy can advise on all areas of VAT, ranging from applications to register for VAT to complex matters such as partial exemption calculations, the capital goods scheme, the tour operator’s margin scheme and the place of supply of goods or services.Learn More »
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VAT INVESTIGATIONS, ASSESSMENTS, & APPEALS

HMRC VAT inspections can be extremely disruptive and stressful, and VAT errors can be extremely costly to rectify. All HMRC investigations are serious and should be seen as such, but there is no need to panic.Learn More »
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RECRUITMENT SUPPORT / IN-HOUSE SUPPORT

Deeks VAT Consultancy can assist larger businesses when they are recruiting an internal VAT expert. Such business may not have the expertise to judge the VAT technical skills of the candidates.Learn More »
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VAT HEALTH CHECKS

A pro-active VAT review can provide comfort and reassurance to a business that it is paying the right tax at the right time. Often, a business wants to make sure that it is accounting for your VAT correctly even when not expecting an HMRC visit.Learn More »
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VAT BILL FUNDING & FINANCE SOLUTIONS

Using a finance facility can spread the cost of your VAT bill, improve your company’s cash flow and increase your spending power to allow for increased competitiveness, growth and expansion.Learn More »
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VAT Training

Deeks VAT Consultancy provides bespoke in-house VAT training services, which are tailored to meet the needs of the individual business and the individuals we are training.Learn More »

WHO WE WORK WITH

VAT SUPPORT FOR ALL

We work with a whole range of clients covering many types of businesses. Additionally, we work with sectors including:
Land and Property, International Services, Not for Profit, Education, Company Reorganisations, Opticians, Medical and Healthcare.

VAT SUPPORT FOR ACCOUNTANTS

Our Managing Director Jane Deeks has over 20 years of experience working with accountancy firms specialising in VAT. She started her career as a graduate trainee at PwC. She has worked for 3 of the top 4 accountancy firms, as well as medium and smaller accountancy firms and specialist tax boutiques. This experience of working within accountancy practices for many years means that Jane has a very good idea of what accountants want from their VAT advisor and the issues they have.

Jane is aware of how common it is for Clients’ to blame their accountant if errors are discovered by HMRC and assessments are raised. Clients’ expect that because their accountant has prepared a set of financial accounts, they must have checked everything else too, including VAT.

Deeks VAT Consultancy, recommends that you explain to your Client at the outset the VAT implications of their business will not be within the scope of your engagement, so as to avoid this type of misunderstanding. Inform them of the type of reconciliation VAT checks that you conduct as part of the preparation of their accounts. Clients who have a clear expectation of the service provided will be happier Clients as their expectations will be met.

We would go as far as to recommend including a specific paragraph in your engagement letter, advising that the technicalities of their VAT affairs are not reviewed as part of the annual accounts completion.

With our assistance, you could offer them the added value service of a VAT health check in addition to their accounts preparation.

•    New Clients 

Deeks VAT Consultancy, welcome you to speak to us before you meet with a potential Client. We should be able to provide you with enough information, to allow you to conduct a high-level discussion with the Client regarding their VAT affairs. This is often the last topic the client would expect you to talk about and may assist you in winning work from that client.

•    Recharging Deeks VAT Consultancy Fees 

We understand that your client will occasionally come to you for VAT advice, and will usually think that it is a simple query and expects the answer would be part of their annual accounts preparation fee and that most queries you may try to resolve without calling on a VAT specialist. This may be because it appears to be a straight forward query or sometimes you may find it difficult to recharge VAT advice fees to your Clients. So you worry about the additional irrecoverable cost.

However, in our experience, most VAT queries are more complicated than they initially appear. You or a member of your team may have to spend time researching the answer, which results in a time cost. Are you confident that you have provided the correct advice? As VAT is fact-specific you can only provide the correct advice, if you ask the correct questions.

We can provide telephone/email advice to assist you with such queries, via our helpline service. As a result of our conversation, if the query is more complex and requires a more time-consuming response, which will require a fee quote we will fully brief you as to why and provide you with enough information for you to feel confident to put this to your client.

Should you feel more comfortable, we will happily discuss the matters with your clients and engage directly with them. We are happy to work in whatever way you feel comfortable with.

VAT SUPPORT FOR BUSINESSES

Our Managing Director Jane Deeks has over 20 years’ experience providing VAT advice to businesses. She started her career as a graduate trainee at PwC. She has worked for 3 of the top 4 accountancy firms, as well as medium and smaller accountancy firms and specialist tax boutiques.

Therefore, she has the experience of dealing with both large corporate clients, as well as smaller OMBs and sole traders. Jane was also raised within a family of self-employed entrepreneurs and as she is now operating her own business she understands the needs of the big companies and the passion, or sometimes the despair, of the sole trader.

As we are sure you are aware, VAT is a complicated area with ever-changing legislation and case law. So that is where Deeks VAT Consultancy comes in, we are able to provide bespoke and independent advice in all areas of VAT and assist you as required. By relieving you of the burden of VAT, you are able to get back to running your business.

VAT SUPPORT FOR SOLICITORS

Our Managing Director Jane Deeks graduate with a 2:1 LLB (Hons) over 20 years ago. She continued her studies and completed the LPC. However, she decided to change her career path slightly by joining PwC and becoming a Chartered Tax Advisor specialising in VAT. Jane’s legal background gives her the knowledge and expertise to allow her to work well with Solicitors. Deeks VAT Consultancy has vast experience working alongside Solicitors, assisting their clients with VAT matters that may arise.

As with any property development, VAT is a complex issue that should be dealt with correctly and efficiently. Failure to comply with regulations could mean your client is subject to fines from HM Revenue and Customs.

I regularly provide advice to Solicitors on land and property matters, such as the following:

•    When buying and selling commercial property, VAT may or may not be due. This can depend on the age of the property or whether an option to tax has been made. Incorrectly charged VAT is not recoverable from HM Revenue and Customs.  Therefore, it is important to ensure that if the vendor is charging VAT, he is legally entitled to.

•    In certain situations, an option to tax can be disapplied by anti-avoidance legislation or by the purchaser in certain circumstances. Care should always be taken where connected parties are involved. Depending on what the property is going to be used for, it is possible to disapply the option to tax and result in a VAT cash flow saving and a Stamp Duty Land Tax saving.

•    Where you are advising on land acquisition and option agreements, there are likely to be VAT implications. Should the purchaser register for VAT, can they recover any VAT on purchases, such as legal fees, architects fees and consultancy who are marketing the property and receiving a percentage of the sale price. Is the option agreement a call option or put option and what are the VAT implications of such options.

•    Do any of the sales, purchases or commercial leases meet the transfer of a going concern rules and are, therefore, outside the scope of VAT. Are the relevant VAT clauses included in the contracts to protect the parties involved?

•    Where your clients are property developers have the VAT liability of the developments been consider and has the structure of the business been review to ensure maximum VAT efficiency. Even when residential properties are being developed at the zero rate of VAT, there is always a number of matters to consider regarding planning permission and VAT recovery.

Deeks VAT Consultancy can provide telephone/email advice to assist you with such queries, via our helpline service. As a result of our conversation, if the query is more complex and requires a more time-consuming response, which will require a fee quote we will fully brief you as to why and provide you with enough information for you to feel confident to put this to your client.

Should you feel more comfortable, we will happily discuss the matters with your clients and engage directly with them. We are happy to work in whatever way you feel comfortable with.

VAT SUPPORT FOR ACCOUNTANTS

Do you understand your projects’ VAT implications?

As we are sure you are aware, there is no professional requirement for an architect to offer VAT projections for a project, but at 20% VAT is a significant cost that cannot be ignored.

If the wrong VAT advice was given a professional liability could be created that would not be covered by your PI insurance.

We can imagine that discussing VAT presents something of a dilemma for the architect. Obviously it is the contractor who is ultimately responsible for charging VAT where it is due and collecting it, however as it is the architect who sits down and discusses project costs with the client at the outset, therefore, you will need to know the basic principles and be expected to make your client aware of the fact that VAT is complicated and that depending on the development the VAT liability could range from 0% to 20%.

Generally, the new build residential projects and charitable projects may be liable to VAT at the zero rate; whereas refurbishment and repair works can be liable to 5% or 20%.

VAT legislation is extremely complex and due to the case law is forever changing.

Materials and build costs to shell and core for a new house can be VAT free, after which costs may have to be apportioned to identify where VAT will be charged. Furniture, fitted kitchen appliances and audiovisual may not have the same VAT liabilities.

Architects also need to be aware that reduced VAT rates of 5% apply to certain types of work, such as bringing empty properties back into use, converting offices into homes, sub-dividing homes into flats and amalgamating dwellings within a house – it is the change in the number of dwellings that counts, not whether there are more or fewer dwellings.

Professional fees are always charged at 20% unless a Design and Build contract has been entered into.

We would always deter you from giving specific advice on VAT costs, to avoid any unwanted issues if the VAT turns out to be incorrect. It is better and safer to indicate a potential for relief whilst advising the client to seek their own specialist VAT advice. You have then guided your client in the right direction without becoming embroiled in the legalities of providing VAT advice.

This is where Deeks VAT Consultancy can help.

ACCOUNTANTS

VAT SUPPORT FOR ACCOUNTANTS

Our Managing Director Jane Deeks has over 20 years of experience working with accountancy firms specialising in VAT. She started her career as a graduate trainee at PwC. She has worked for 3 of the top 4 accountancy firms, as well as medium and smaller accountancy firms and specialist tax boutiques. This experience of working within accountancy practices for many years means that Jane has a very good idea of what accountants want from their VAT advisor and the issues they have.

Jane is aware of how common it is for Clients’ to blame their accountant if errors are discovered by HMRC and assessments are raised. Clients’ expect that because their accountant has prepared a set of financial accounts, they must have checked everything else too, including VAT.

Deeks VAT Consultancy, recommends that you explain to your Client at the outset the VAT implications of their business will not be within the scope of your engagement, so as to avoid this type of misunderstanding. Inform them of the type of reconciliation VAT checks that you conduct as part of the preparation of their accounts. Clients who have a clear expectation of the service provided will be happier Clients as their expectations will be met.

We would go as far as to recommend including a specific paragraph in your engagement letter, advising that the technicalities of their VAT affairs are not reviewed as part of the annual accounts completion.

With our assistance, you could offer them the added value service of a VAT health check in addition to their accounts preparation.

•    New Clients 

Deeks VAT Consultancy, welcome you to speak to us before you meet with a potential Client. We should be able to provide you with enough information, to allow you to conduct a high-level discussion with the Client regarding their VAT affairs. This is often the last topic the client would expect you to talk about and may assist you in winning work from that client.

•    Recharging Deeks VAT Consultancy Fees 

We understand that your client will occasionally come to you for VAT advice, and will usually think that it is a simple query and expects the answer would be part of their annual accounts preparation fee and that most queries you may try to resolve without calling on a VAT specialist. This may be because it appears to be a straight forward query or sometimes you may find it difficult to recharge VAT advice fees to your Clients. So you worry about the additional irrecoverable cost.

However, in our experience, most VAT queries are more complicated than they initially appear. You or a member of your team may have to spend time researching the answer, which results in a time cost. Are you confident that you have provided the correct advice? As VAT is fact-specific you can only provide the correct advice, if you ask the correct questions.

We can provide telephone/email advice to assist you with such queries, via our helpline service. As a result of our conversation, if the query is more complex and requires a more time-consuming response, which will require a fee quote we will fully brief you as to why and provide you with enough information for you to feel confident to put this to your client.

Should you feel more comfortable, we will happily discuss the matters with your clients and engage directly with them. We are happy to work in whatever way you feel comfortable with.

BUSINESSES

VAT SUPPORT FOR BUSINESSES

Our Managing Director Jane Deeks has over 20 years’ experience providing VAT advice to businesses. She started her career as a graduate trainee at PwC. She has worked for 3 of the top 4 accountancy firms, as well as medium and smaller accountancy firms and specialist tax boutiques.

Therefore, she has the experience of dealing with both large corporate clients, as well as smaller OMBs and sole traders. Jane was also raised within a family of self-employed entrepreneurs and as she is now operating her own business she understands the needs of the big companies and the passion, or sometimes the despair, of the sole trader.

As we are sure you are aware, VAT is a complicated area with ever-changing legislation and case law. So that is where Deeks VAT Consultancy comes in, we are able to provide bespoke and independent advice in all areas of VAT and assist you as required. By relieving you of the burden of VAT, you are able to get back to running your business.

SOLICITORS

VAT SUPPORT FOR SOLICITORS

Our Managing Director Jane Deeks graduate with a 2:1 LLB (Hons) over 20 years ago. She continued her studies and completed the LPC. However, she decided to change her career path slightly by joining PwC and becoming a Chartered Tax Advisor specialising in VAT. Jane’s legal background gives her the knowledge and expertise to allow her to work well with Solicitors. Deeks VAT Consultancy has vast experience working alongside Solicitors, assisting their clients with VAT matters that may arise.

As with any property development, VAT is a complex issue that should be dealt with correctly and efficiently. Failure to comply with regulations could mean your client is subject to fines from HM Revenue and Customs.

I regularly provide advice to Solicitors on land and property matters, such as the following:

•    When buying and selling commercial property, VAT may or may not be due. This can depend on the age of the property or whether an option to tax has been made. Incorrectly charged VAT is not recoverable from HM Revenue and Customs.  Therefore, it is important to ensure that if the vendor is charging VAT, he is legally entitled to.

•    In certain situations, an option to tax can be disapplied by anti-avoidance legislation or by the purchaser in certain circumstances. Care should always be taken where connected parties are involved. Depending on what the property is going to be used for, it is possible to disapply the option to tax and result in a VAT cash flow saving and a Stamp Duty Land Tax saving.

•    Where you are advising on land acquisition and option agreements, there are likely to be VAT implications. Should the purchaser register for VAT, can they recover any VAT on purchases, such as legal fees, architects fees and consultancy who are marketing the property and receiving a percentage of the sale price. Is the option agreement a call option or put option and what are the VAT implications of such options.

•    Do any of the sales, purchases or commercial leases meet the transfer of a going concern rules and are, therefore, outside the scope of VAT. Are the relevant VAT clauses included in the contracts to protect the parties involved?

•    Where your clients are property developers have the VAT liability of the developments been consider and has the structure of the business been review to ensure maximum VAT efficiency. Even when residential properties are being developed at the zero rate of VAT, there is always a number of matters to consider regarding planning permission and VAT recovery.

Deeks VAT Consultancy can provide telephone/email advice to assist you with such queries, via our helpline service. As a result of our conversation, if the query is more complex and requires a more time-consuming response, which will require a fee quote we will fully brief you as to why and provide you with enough information for you to feel confident to put this to your client.

Should you feel more comfortable, we will happily discuss the matters with your clients and engage directly with them. We are happy to work in whatever way you feel comfortable with.

ARCHITECTS

VAT SUPPORT FOR ACCOUNTANTS

Do you understand your projects’ VAT implications?

As we are sure you are aware, there is no professional requirement for an architect to offer VAT projections for a project, but at 20% VAT is a significant cost that cannot be ignored.

If the wrong VAT advice was given a professional liability could be created that would not be covered by your PI insurance.

We can imagine that discussing VAT presents something of a dilemma for the architect. Obviously it is the contractor who is ultimately responsible for charging VAT where it is due and collecting it, however as it is the architect who sits down and discusses project costs with the client at the outset, therefore, you will need to know the basic principles and be expected to make your client aware of the fact that VAT is complicated and that depending on the development the VAT liability could range from 0% to 20%.

Generally, the new build residential projects and charitable projects may be liable to VAT at the zero rate; whereas refurbishment and repair works can be liable to 5% or 20%.

VAT legislation is extremely complex and due to the case law is forever changing.

Materials and build costs to shell and core for a new house can be VAT free, after which costs may have to be apportioned to identify where VAT will be charged. Furniture, fitted kitchen appliances and audiovisual may not have the same VAT liabilities.

Architects also need to be aware that reduced VAT rates of 5% apply to certain types of work, such as bringing empty properties back into use, converting offices into homes, sub-dividing homes into flats and amalgamating dwellings within a house – it is the change in the number of dwellings that counts, not whether there are more or fewer dwellings.

Professional fees are always charged at 20% unless a Design and Build contract has been entered into.

We would always deter you from giving specific advice on VAT costs, to avoid any unwanted issues if the VAT turns out to be incorrect. It is better and safer to indicate a potential for relief whilst advising the client to seek their own specialist VAT advice. You have then guided your client in the right direction without becoming embroiled in the legalities of providing VAT advice.

This is where Deeks VAT Consultancy can help.