Our specialists can assist in a range of VAT & Tax areas
Brexit has made this area of VAT much more complex and costly to anyone involved in importing and exporting goods. Clients need to understand their VAT obligations thoroughly in order to ensure they are legally compliant.
Deeks VAT Consultancy can provide the necessary advice to ensure that all VAT responsibilities are being met, to avoid any penalties and maximise profits. We are happy to advise and assist clients with such matters as:
- The international VAT aspect of importing and exporting goods throughout the EU and the rest of the world. This may also incorporate international accounting and cross-border VAT.
- Securing Authorised Economic Operator (AEO) status. This includes determining which type of AEO status is applicable and preparing for HMRC audits.
- Registering and compiling returns for the EU One Stop Shop, and the Import One Stop Shop.
- Determining whether a company should register for the Union or Non-Union scheme, how to make payments, keep records and prepare for audits.
- Negotiating the changes in customs and excise duties. This has become much more of an issue since Brexit and it’s important to get it right.
- Review previously paid import VAT/customs duty to identify errors and submit reclaims of any overpaid import VAT/customs duty.
Customs duty is a sticking tax, i.e. not eligible for rebates, so it’s critical that the correct amount of duty is assessed at the outset. This is also an area that’s constantly in flux, adding to the many complexities of an already difficult tax. We are able to perform a detailed review and if necessary, prepare and submit a claim for over paid customs duty.
Deeks VAT Consultancy can advise on the latest VAT rules that effect shipping and distribution, and help clients apply for any reliefs that may be applicable.
Latest news & insightsView all news & insights
Deeks VAT News Issue 30
Welcome to the latest edition of Deeks VAT News. January 2023 – Issue 30 Keeping you up to date on VAT changes In this edition of the months newsletter we cover the following: Insurance partial exemption Doctors and healthcare professionals So what does VAT registration mean? Discounts – value of supply. The TalkTalk case. […]
Changes to the VAT DIY Housebuilders Scheme
Embarking on self-build projects can yield significant VAT savings through the DIY Housebuilders scheme. With the spring Budget 2023’s announcement, the scheme is set to digitize, extending claim periods from three to six months starting 5 December 2023. Understand what qualifies for VAT reclaim and how these changes can benefit your project. For any queries, reach out to Jane at Deeks VAT.
Deeks VAT News issue 38
Delve into the latest in VAT with our October 2023 Deeks VAT Round-Up. This edition highlights crucial updates on charity VAT reliefs, the end of paper VAT registration applications, and essential guidelines for medical professionals. Stay informed about the evolving VAT landscape and ensure your business stays compliant with our expert insights.
Want to find out how we can help?
Here at Deeks VAT Consultancy we can help all types of businesses, either personally or acting on your behalf for your clients. Drop us a message and one of our specialists will be in touch to discuss how we can help.
Jane: +44 (0) 7710 553831
Complete the following form and we will be in touch as soon as we can