General VAT Issues
Lysi offer specialist consultancy services covering all areas of VAT planning and compliance.Our VAT services include:
• Assistance with VAT registration
• Advice on VAT planning and administration
• VAT health audits
• Choosing an appropriate scheme
• Preparation and submission of VAT returns
• Strategic advice on maximising cash recovery
• VAT control and reconciliation
• Negotiating with HM Revenue & Customs on your behalf
• Representing you in the event of a VAT inspection
• Advice on avoiding penalties and interest charges
• Providing VAT training for key personnel​
Start-up Businesses
Starting a new business can be something of a regulatory minefield, and deciding whether to register for VAT is an area requires careful consideration. We can help you to make the right decision for your business.We can also help you through the process of registering for VAT, and offer ongoing advice and strategies to help get your new business off to a great start.
Financial Services Provider
The VAT regime is notoriously complex, and the legislation governing financial services providers is no exception.It is essential to have a full understanding of which services can be classed as VAT-exempt, and the implications that exempt supplies can have on your business’ bottom line.At Lysi, we have an in-depth understanding of all of the issues involved, as well as significant experience in negotiating favourable structures with HM Revenue & Customs, including partial exemption arrangements aimed at maximising VAT recovery and profitability.
Overseas Companies
If you are based outside the UK, we can act on your behalf to help ensure that you are complying with all of your VAT obligations.
Drawing on a wealth of expertise, we can provide advice and support that is tailored to your individual business, ensuring that you are making the most of all of the opportunities that are available to you.
We can deal with all of the statutory requirements of the VAT regime, including completing and submitting the appropriate returns, and dealing with HM Revenue & Customs.
From suggesting key VAT planning strategies, to processing your VAT payments, we can take the hard work off your hands. Our in-depth knowledge of VAT and our extensive experience of dealing with overseas companies means that we are ideally equipped to help secure your company a solid footing in the European market.
We have unrivalled experience in this area, and can deliver expert guidance to our clients.
Property Businesses
As experienced VAT advisors, we understand that businesses in the property sector have their own specific VAT requirements. Failure to comply with the necessary regulations can also result in significant penalties.We can act on your behalf to ensure that you meet all of your obligations in respect of VAT, while also advising on any VAT relief that may be available to you, and assisting you with claiming that relief.The rules are complex, but we can help you to navigate through the legislative maze.