VAT is often seen as the “Cinderella” tax, often overlooked by advisors and clients alike.

The vast majority of business transactions undertaken in the EU will find themselves subject to VAT.  Those that escape the VAT net do so only because VAT law permits an exemption or considers VAT somehow not applicable.  There is now a mine-field of legislation in some areas of VAT.  Businesses have sometimes to consider UK VAT law – including complex anti-avoidance provisions – EU VAT law and VAT cases, not just from the UK Courts but also from the European Court of Justice.

BlackStar can provide a guide though this VAT maze.

Down to Earth Advice

On a practical level, there is an ever increasing focus by the Tax Authorities across the EU on compliance and this should not be overlooked.  Recent changes to the penalty regime in the UK and a complete overhaul of the UK Tribunal system may leave businesses unaware of the consequences of non-compliance and the means to remedy any fall-out from a VAT inspection.

BlackStar’s consultants experience working both within Customs and as advisors to professional firms can assist our partners and their clients by providing support for this often overlooked tax.

Further Information

Contact us today for information on:

• International VAT structuring
• Yachts and VAT
• UK VAT enquiries
• Complex VAT issues

For more information about how we can help you with any of your VAT concerns, contact us today.

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