Dealing with Value Added Tax (VAT) can be complex and time-consuming, particularly if your business operation includes goods and services that may be discounted or exempt, or if you trade internationally.
But with the right support and advice, you can reduce the risk of penalties, potentially improve your business cash flow and free up more of your time to focus on your true business objectives.
How we can help
Old Mill’s specialist VAT team works with UK and international businesses on a wide range of VAT-related issues. As well as advising on VAT from registration through to managing your business across the entire supply chain, we will also liaise with other parties on your behalf to secure solutions. Our bespoke advice on VAT issues includes a strong focus on land and property enquiries and international VAT, and our team keeps up-to-date on the constantly changing landscape of VAT legislation – so that you don’t have to.
We can help you to plan for VAT before setting out on a new venture, including setting up overseas, buying or selling a property or raising finances, and our team addresses compliance issues proactively to help you avoid penalties.
The specialist VAT areas that we can advise you on include:
"The move onto Xero was a massive transition for us as there’s a lot of paperwork generated because of the cheese sales and we needed to set up all the cost centres and systems. We can now pull the right information on a monthly basis to provide us with much better insights to be able to run the business."