Accountancy and tax specialisms: VAT investigations

The VAT regime is notoriously complex, which can lead to businesses overpaying or underpaying the tax. The VAT authorities also have extensive powers to investigate issues including evasion and criminal offences, such as fraud.

Potential consequences include the recovery of underpaid VAT, plus penalties and interest, and, in the case of criminal activities, prosecutions that can lead to fines, prison sentences and seizure of assets.

If your business is under investigation on a VAT issue, we can provide expert advice and support to identify the most effective way forward. We can also represent you in dealings with the VAT authorities, acting in your best interests to achieve a satisfactory outcome.

To find out more about how we can help you, please contact Salhan Accountants in Edgbaston, Birmingham.