I very much appreciate Critchleys continuing support, which makes a real difference to us as we continue to grow. Your support really helps to work towards our mission.
Mitigate Irrecoverable VAT
Steve Chamberlain Says
"VAT is a major cost to many organisations in the education, charitable, property and financial services sectors that cannot recover all of the VAT incurred on expenditure. Even if your business is outside these sectors, VAT can increase your costs when:
raising finance or selling your business
developing, selling, or letting property
acquiring assets such as cars
entertaining your clients/customers
It is however possible to minimise the irrecoverable VAT you suffer.
We help:
Charities, Colleges/Schools, Insurance and Financial Services businesses to mitigate irrecoverable VAT on purchases and capital expenditure.
property developers (including those intending to live in the development) recover VAT on construction and development costs.
overseas businesses to recover VAT on UK expenses.
UK businesses to recover VAT they have paid overseas
by telling you what is recoverable, what is not, and how to ensure you are the right side of this line.
by making sure you don't get charged VAT unnecessarily. Some trades are governed by complex VAT laws and 'play safe' by charging VAT at the standard rate in all cases. However, many of their supplies are in fact subject to the zero or lower rates.
decipher the jargon of VAT recovery. If you don't know what partial exemption, business/non business calculations and Lennartz claims are don't worry – Julian and I do!"