McIntosh Accountants Hanley Office: 01782 207 772 | firstname.lastname@example.org
Beattie Moulds Ilkeston Office: 0115 9444 190 | email@example.com
Advantages and disadvantages of VAT grouping.
At McIntosh Accountants Limited we can advise companies in the Hanley area about group VAT registration. Here are some of the issues to consider.
VAT grouping occurs where two or more companies or limited liability partnerships are treated as a single taxable "person" for VAT purposes. A VAT group is treated in the same way as a single company registered for VAT on its own.
In general, the members of the group each have to have an establishment in the UK and be under common control. There are special conditions for VAT groups with an annual turnover of more than £10 million.
Advantages of group registration are:
As with most other areas of the tax system, VAT Groups are subject to detailed anti-avoidance provisions.
If you’re based in the Hanley area and would like further advice on VAT group registration, please contact McIntosh Accountants Limited.
Why not register to receive our Monthly Newswire?
Once a month we'll send you an email packed full of essential business news and handy tax tips to help save you money.
If you wish to talk to McIntosh Accountants Limited over the phone, request a call back using our helpful form below.