VAT Health Check

Benefits of Having a VAT Health Check

  • Identifies any opportunities that there may be to improve your VAT position
  • Highlights any areas of concern - allowing peace of mind going forward
  • Reviews the VAT liability of your income streams
  • Checks that the maximum input VAT recovery is being achieved
  • Considers whether any simplification schemes, such as the flat rate scheme or cash accounting would be beneficial for you
  • Reviews your VAT systems to identify any improvements that could be made
  • Gives you the opportunity to ask questions
  • Considers your partial exemption and capital goods scheme position
  • Allows you the chance to act on any errors before HMRC discovers them, potentially mitigating penalties that may fall due
  • Considers the impact that Brexit may have on your business

About the Armstrong Watson VAT Health Check

Our VAT Health Checks are performed at your premises by Steve Ferrie.  Steve joined the VAT team at Armstrong Watson in 2017 following 39 years of service with HMRC, primarily as a VAT inspector, but also more recently as a trainer to new HMRC VAT officers.

The health check will always begin with some time being spent discussing your business,  identifying any areas that should be focused on and answering any queries you may have.  This will be followed by a review of the VAT workings and the system currently being used.

Steve’s past career allows him to review your position through the eyes of HMRC, identifying the areas that HMRC would look to target as part of a VAT inspection and therefore identifying any issues that may exist and allowing you to get these resolved as efficiently as possible.

Steve is also keen to work with businesses as part of this review to ensure that the best possible position will be achieved and will review the findings to identify opportunities to improve your position.

Following the completion of the health check, you will be provided with a bullet pointed report, showing any opportunities or concerns that have been identified.

Contact Us

Please get in touch with Steve Ferrie if you are interested in a VAT healthcheck for your business.

Your Key Contacts

Stephen Ferrie

VAT and Indirect Tax Assistant Manager

Enquiry form