Selling a business can be daunting. For many people selling their business is something they’ll only do once and is the culmination of their business life. It is critical to make sure that you are well prepared to maximise the value you realise and minimise the tax you will pay.
In little under a year all businesses that file VAT returns will have no choice but to file those returns online and through dedicated accountancy software. The move is part of the Government’s Making Tax Digital programme, and businesses are far from ready.
Managing your financial affairs can be complex and straightforward answers to questions are sometimes difficult to find.
Our comprehensive range of services is built on an integrated foundation of in-depth expertise and industry knowledge. By addressing key challenges, studying trends, encouraging debate and sharing ideas, we aim to inspire a different way of thinking – so our clients make the most well-informed decisions.
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The support of Kreston Reeves’ VAT Team has proved invaluable in keeping our business on the right side of very complicated VAT legislation. After a full compliance review, issues with HM Revenue & Customs were resolved promptly, accounting processes were explained clearly and a VAT claim was repaid with the minimum of fuss. I would highly recommend the Kreston Reeves VAT Team to any business seeking guidance and reassurance about their VAT and other tax matters.
