VAT is no doubt one of the most confusing tax schemes in the UK, as it deals not only with domestic taxes but also EU post-Brexit, international supply chain, multiple countries, and even exhaustive VAT inspections. It gets even more complex when it involves products, consumers, or sales outside the UK. Every country abroad has their own VAT rate and regulations. You need a VAT specialist with intensive accounting and tax customs experience. We are one of the most experienced specialist firms that comes up when you search for VAT specialist near me!

VAT Expert Team Honed by a Decade of Experience

Sterling VAT Specialist Accountants in the UK

If your business’ revenue exceeds the VAT annual threshold, you must register for VAT. Legend Financial understands how complex this tax system is, seeing plenty of companies struggling with their VAT obligations. However, fret not—you have us. Search VAT accountants near me, and you will find us, the leading VAT consultancy firm in the United Kingdom. When it is about anything complex, we do not retreat.

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Value Added Tax Enquiries Answered in Details

FAQs for Value Added Tax Services

Most services considered by the UK government as “essential” are exempted from VAT, such as certain medical treatments, financial services, postal services, education and training, sporting activities and physical education, and artwork and burial.  

For goods, you could reclaim VAT if you bought them within four years; services VAT claims are only applicable within six months. 

You can, if you revisit the UK for some time, through HMRC’s Retail Export Scheme, otherwise known as tax-free shopping. However, you can only claim for the product you bought, not the service.  

If the other country you are transacting with charges you with VAT, you may be eligible to claim a refund from that country. 

Expenses you incurred solely for business purposes are VAT deductible, such as computers, mobile phones, or home office purchases. Whether or not you use them wholly for your business operations will determine if you can claim a mere portion or all the expenses.  

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Legendary Experts, Unmatched Solutions

UK’s Most Trusted Specialists

When it comes to tax, accounting, and business development services, we have paid our dues and really know our stuff. We get the job done promptly and efficiently from accounts preparation to tax returns. Legend Financial takes pride in its cornerstone tax advisors who have been serving thousands of active clients for over a decade. We are all chartered accountants sharing the same mission—to help with your personal finances and your business to succeed. Only the best gets to work on your tax, accounting, and business affairs!



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