Recent changes to VAT legislation concerning financial services providers have highlighted the need to be fully abreast of which services are or are not VAT exempt and under which circumstances. Exempt supplies mean irrecoverable VAT which affects the bottom line profitability. The Lysi team is experienced in planning and negotiating with Customs and Excise favourable structures, including special partial exemption methods which would maximise the overall VAT recovery and profitability of a partially exempt business.
|