Indirect tax ebook - United Kingdom

As more and more goods and services are crossing national borders than ever before, an increasing number of clients face indirect taxation in countries, where their customers are based. Value Added Tax (VAT) is the main indirect tax in the UK. Although VAT is applicable across the whole of the European Union, each member state interprets and enacts the European Directive on VAT very differently within its own jurisdiction.

The UK indirect tax team is highly experienced and specialises in helping both national and international clients, in the public and private sector, with all their compliance and advisory needs. We work very closely together with sales and indirect tax colleagues in other countries and with all the services lines offered by Grant Thornton UK LLP. Our team is committed to providing up-to-date advice and strategic planning with sound, practical solutions for our client's day-to-day operations. In particular, we can provide you with the following services:-

• VAT compliance
• VAT registration
• Preparation of all necessary VAT returns and notices; including reclaiming VAT borne in an EC country where a taxpayer is not established
• VAT due diligence and in-depth VAT reviews of a business
• Assistance with tax inspections and appeal procedures
• VAT advisory
• Day to day indirect tax advice
• Discussion with official bodies concerning the interpretation of tax rules
• Assistance in applying for official rulings
• Representation in court proceedings
• VAT planning
• Establishing VAT effective business structures throughout Europe
• Advising on mergers and acquisitions including VAT effective acquisitions structures
  

The British International Indirect tax has team members who are experts in almost all business sectors, including:

• Real Estate
• Travel and Transportation
• Manufacturing and Distribution
• Technology, Media & Telecom
• Software
• E-Commerce
• Mining, Oil and Gas
• Insurance
• Financial Services
• Health Care
• Public Sector Bodies
  

Our team of indirect tax specialists are located in all major centres in the United Kingdom.

The indirect tax representatives of the United Kingdom are

Karen Robb
Grant Thornton House
Melton Street
+44 (0) 20 772 82556
karen.robb@uk.gt.com

Lorraine Parkin
Grant Thornton House
Melton Street
+44 (0) 20 7865 2132
lorraine.parkin@uk.gt.com

Damon Wright
Grant Thornton House
Melton Street
+44 (0) 20 7728 2588
damon.wright@uk.gt.com

• Introduction
• Scope
• Registration
• Tax rates
• Reporting & Filing
• General tax application/Time of supply