VAT & indirect taxes

Hillier Hopkins LLP

Chartered Accountants & Tax Advisers

Call +44(0)330 024 3200 and discover how we can help you.

As your business changes, VAT planning can offer opportunities to minimise tax and improve cashflow. However, VAT legislation is complex and frequently changing, with far reaching implications for your business.

Our VAT team have a deep understanding of the rules and how to apply them in areas such as land and property, international trade, business acquisitions and disposals. We provide reassurance that your VAT position is accurate and offer you simple and cost efficient solutions to your VAT issues.

Our VAT expertise includes:

  • International trading advice
  • Land and property VAT
  • Negotiating with HM Revenue & Customs on your behalf
  • Partial exemption
  • Planning and technical support to in-house tax managers
  • Structuring transactions to minimise VAT
  • VAT group reorganisations
  • VAT health checks

Our indirect tax expertise includes:

Update – Domestic reverse VAT charge for building and construction services

In 2019 we ran a series of seminars and published guides on introduction of the domestic reverse VAT charge. The start date was postponed until 1 March 2021 due to the impact of the COVID-19 pandemic on the construction sector. It is unlikely that this will be postponed again and therefore all VAT registered businesses in the construction sector need to be ready.

If you are an end user or intermediate supplier, it is a legal requirement that you inform your sub-contractors in writing in order to be excluded from the reverse charge. There’s more information about the legislation here.

You may find the following factsheets helpful as they contain more in-depth information on these important changes:

How it works

A guide for developers and owners

A guide for main contractors and sub contractors

Application to Employment bureaux and agencies

FAQs

What taxes does a business pay when employing staff?

What Taxes Does a Business Have to Pay on its Trading Activities?

What is the CITB Levy for Construction Activities?

SDLT – Grazing Rights

Stamp Duty Land Tax (SDLT) saving opportunities

What is all this about an on-line tax account I have read about?

What is research and development tax relief?

I have just started a business, do I need to complete a tax return?

Stamp Duty Land Tax (SDLT): Q&A

SDLT opportunity knocks

What are mixed-use and multiple dwellings relief?

What expenses can I claim as a residential landlord?

What’s the best way to incentivise staff?

Does my business qualify for EIS or SEIS?

What is Land Remediation Relief?

Electric cars

What are taxable employment benefits and expenses?

What is the Apprenticeship Levy?

What are Trivial Benefits?

How are the research and development guidelines applied to software?

What is research and development and which costs qualify?

How do I reduce my company’s tax bills for R&D?

Does my business qualify for the Patent Box scheme?

What is the Seed Enterprise Investment Scheme (SEIS)?

What is Business asset roll over relief?

How do Enterprise Management Incentives (EMI) work?

What is EIS (Enterprise Investment Scheme)?

How can I claim Capital Allowances on properties?

What is Annual Tax on Enveloped Dwellings (“ATED”)?

I want to do business overseas, but it all looks so complicated?

Is it a good idea to buy a property within my company?

Can you help me agree a payment plan for corporation tax?

Why am I paying tax quarterly?

Is my company paying too much tax?