In the U.K., tax officials sometimes have enquiries about your return and accounts. They also regularly do VAT inspections. Both are stressful for the business owner – not because they have done anything intentionally wrong but because they are concerned they might have made a mistake.
VAT enquiries most commonly occur as a result of a VAT inspection or when the VAT laws have changed. Given that VAT is new to Dubai, it is excepted that there will be numerous enquiries as tax officials, as well as businesses, get to grips with the new law.
VAT mistakes can be very costly and the penalties are high. We will ensure that everything goes smoothly and that both you and the VAT collector are happy. We work hard to maintain a good working relationship with the tax authorities as well as our clients. This relationship with the authorities smooths the way for dealing with enquiries and investigations and by being known as a trusted company with years of experience in dealing with VAT in the UK, we are seen as an honest broker.
We have also learned in the U.K. that tax officials are not always correct. They sometimes misunderstand the law themselves. So, it is sometimes necessary to stand your ground and argue your case. Most business owners find it difficult to stay objective as they are emotionally involved in what can feel like an attack on their company. This is when it is vital to have a trusted advisor who will minimise your stress by dealing with the situation on your behalf.
AWR Tax Consultants maintain an objective and professional demeanour at all times and are known for their integrity and honesty. As we are an independent party, tax officials are more likely to be responsive to our answers and arguments.
If you want to ensure that you are fully protected from the pain of VAT enquiries and investigations, then let’s see if there is a potential fit between us and, if so, start building a relationship today. You have nothing to lose while you will get peace of mind and a more profitable business.
Book your discovery call today or join us for one of our popular success briefings.