VAT Registration

The value added tax (VAT) is the tax charged on most business transactions made in the United Kingdom or in the Isle of Man. The value added tax (VAT) is a general consumption tax assessed on the value added to goods and services. It is a general tax that applies, in principle, to all commercial activities involving the production and distribution of goods and the provision of services.

It is a consumption tax because it is borne ultimately by the final consumer.

It is charged as a percentage of prices, which means that the actual tax burden is visible at each stage in the production and distribution chain. It is collected fractionally, via the system of deductions whereby taxable persons (i.e., VAT-registered businesses) can deduct from their VAT liability the amount of tax they have paid to other taxable persons on purchases for their business activities.

This mechanism ensures that the tax is neutral regardless of how many transactions are involved. If you wish to register for VAT in the United Kingdom, a VAT registration form needs to be completed.

We can provide all of the necessary assistance to complete the VAT registration form efficiently and accurately. We can also advise you with regard to supporting documentation, such as copy invoices & contracts, that you may need to submit to the HMRC with your VAT registration form.

We can help you to register for the VAT and can assist with the preparation and submission of your VAT returns. If you are a UK located business & you travel to another European Union member country on business, you may be entitled to recover VAT on some of your expenditure. Each European country has different rules about which expenses are recoverable and the rules can be complex.

We can assist you to assess any VAT refunds and can compile and submit these claims to the relevant tax authority.