VAT is a self-assessed tax. This means a business is required to ensure its own compliance with UK VAT law. Given the potential for penalties and interest to apply in the event of errors, it is critical for businesses to understand their UK VAT position before entering the UK market.
Our VAT team can work with you to ensure that you obtain a UK VAT ID, register for UK VAT at the right time and issue and receive the correct VAT invoices. Where a business is already VAT-registered in the UK, we can provide VAT advisory services, prepare and submit VAT returns, act as a VAT agent in the UK, prepare and submit Intrastat declarations and EC Sales Lists and deal with HMRC enquiries, assessments and penalties.