VAT Returns

Regardless of its controversies, value-added tax (VAT) is one of the most pervasive forms of tax, adopted across 160+ countries. What sets VAT apart from progressive taxes is it applies the same to all types of purchases. VAT is collected in several stages during the supply chain – manufacturing, distribution, and sales. This makes it a shared burden across all businesses.

VAT has arguably changed the way businesses operate by introducing more clarity and accountability. Fair View Accountax assist our clients through a variety of VAT schemes and help them achieve considerable tax savings while offloading some of their bookkeeping. We ensure you maximize the amount of VAT you claim from the day-to-day costs that you incur.

Whether you’re starting a new business or running an established firm, our people can help keep you fully compliant with VAT. We work with business owners to align their processes and VAT legislation, so business owners can make their lives easier when it comes to submitting reports.

Our experts can prepare the returns from your recorded paperwork, or help you to establish a bookkeeping system that is compliant. Through our VAT audit services businesses can put themselves in a strong position when a review happens. Our experienced VAT experts can identify risks and establish best practices to mitigate issues, helping you avoid penalties or disputes. When choosing a VAT audit partner ensure they are properly qualified, as choosing a partner who is not qualified can expose your business to serious risks.