VAT planning

If your business is registered for VAT, specialist VAT planning can reduce your risk of overpaying – and can also aid your cash flow.

THP's specialist VAT accountants will work with you to ensure that your business:

• Claims back the full amount of VAT you are entitled to
• Pays out only the minimum amount of VAT to HMRC
• Improves cash flow by claiming back VAT as soon as possible, and paying it as late as you are allowed.

We can also advise you the full range of special VAT schemes that may result in a VAT saving, improved cash flow or less demanding administration. Depending on your business, you could benefit from:

• VAT cash accounting – VAT on payments made and received rather than invoices issued and received.
• VAT annual accounting – making a single VAT return each year, rather than four.
• A VAT flat rate scheme – VAT calculated as a percentage applied to your turnover, rather than charged on each individual sale or purchase.

Each of these schemes, along with other strategies that may result in a VAT saving, have benefits and potential drawbacks – so to make sure you're enjoying the best VAT planning for your business, contact us today.

Simply call free on 0800 6250 025 today, or use the contact details below to speak with one of our specialist VAT planning advisors. It might be the most profitable conversation you have this year.