VAT and duty

The Kreston Reeves VAT team have provided excellent advice on a number of VAT issues the business has faced over a number of years, and has ably guided us through changes to how VAT effects our business. They have consistently shown a proactive and efficient approach bearing in mind the commercial needs of the business, and have demonstrated strong technical expertise. I would recommend the VAT team to others!

Fedele Di Maggio, Director, Dipocket LTD

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.

Alan Firmin Limited

Rupert Moyle was a delight to work with. We were facing some very complex VAT issues and Rupert used his considerable experience to guide and support us to a very satisfactory conclusion. He has the ability to condense difficult challenges into something non-specialists can relate to and I would highly recommend Kreston Reeves.

Marcel Jenkins, Finance & Operations Director, Studio Wayne McGregor

Kreston Reeves have been our accountants and auditors from the outset, and have just completed the first full audit of the company’s accounts and those of its parent companies. This work has been led by Alison Jones, with the assistance of other members of the team especially Katy Long. Kreston Reeves have also been responsible for the preparation of the group’s VAT returns and tax computations, and have provided payroll services and general accounting and financial systems advice. Until we were in a position to take it inhouse they also prepared the company’s management accounts. Throughout the relationship the work has been carried on with professional efficiency. Practical assistance and advice has always been available when needed. I have especially been impressed by the care taken in planning our first audit so that it has been completed on time despite intervening difficulties. When problems have arisen pragmatic solutions have been found. Their advice in relation to audit issues and the responsibilities of directors has been clear and always helpful. The result is that a process which I approached with some trepidation has proved not to be nearly as stressful as I feared. I would recommend Alison and her team without reservation.

Dick Russell, Director, I-360 Limited

Kreston Reeves has supported us at Royal Museums Greenwich with VAT assistance for some years now. Our services are diverse as are the VAT and other tax consequences that can arise, such as for admissions, membership, patrons schemes and capital projects. Whenever it gets complicated and we need a specialist to explain clearly the effect of an issue and to arrive at a sensible solution Rupert and his team are there to help.

Lisa Sian, Finance Manager, National Maritime Museum

Kreston Reeves have served as the Guild's financial advisers and have carried out the annual examinations of the Guild's company and charity accounts since 2013. The examinations of the Guild's accounts have always been carried out most diligently and professionally, by experienced accountants, working to timetables that suit the Board of Directors of the Company and the Trustees of the Guild's Charity. Of particular note is that the experts at Kreston Reeves LLP are always ready to give timely and accurate advice and guidance on all financial matters, including accounting procedures, Corporation Tax, VAT, PAYE and Gift Aid, to ensure that uncertainties are resolved as they arise. In addition to being totally reliable as auditors and highly responsive as advisers, Kreston Reeves also run an invaluable series of most informative seminars and study periods, at no cost to their clients, which provide excellent and very welcome opportunities for Company directors and Charity trustees to keep up to date with changes to the law or to financial practices.

Michael Kuen, The Clerk, The Guild of Freeman of the City of London

We asked Kreston Reeves’ charity VAT specialists to review our VAT as we hadn’t looked at this area for a few years. Rupert and Daniel not only showed a great understanding of us, they demonstrated considerable technical ability, creative solutions and explained the issues and recommendations to us clearly, simply. They successfully negotiated a fantastic outcome for our charity with HMRC, which means that we will have a lot more money to use to support our charitable aims in the coming years. I would certainly recommend a VAT review, and by them.

Rebecca Nash, Director, Royal Engineers Museum

I have always found the Kreston Reeves team to be helpful and flexible, rigorous with access to top-class specialists and the most up-to-date information on Charity accounts. Our accounts are complicated, despite our relatively small size - two companies, fee income, grant income, multicurrency, VAT, onward granting - so there is plenty to grapple with. The Kreston Reeves team is on top of all the issues that face an international charity like ours.

Julie Saunders, Executive Director, Pepal

Kreston Reeves has been a true partner to Virtuo. Being able to quickly understand our business has meant that Michael and his team have been able to contribute to our business from day one. They helped us to set up in the UK with invaluable support and business advice on VAT, payroll and company pensions that ensured we met all the UK regulations. They are now our virtual finance team in the UK and provide us with ongoing support and advice as we grow our business.

Michael Altom, General Manager for UK & Ireland, Virtuo

I would like to thank Rupert and the Kreston Reeves VAT team for their work on a complex matter with HMRC regarding whether a key product line was subject to VAT. The team provided clear guidance and ably handled negotiations with HMRC, leading to a fantastic result. The team has my utmost appreciation for helping achieve this outcome. Excellent work!

Julian Warowioff, Managing Director UK, Lemonaid Beverages Ltd