Making VAT and indirect tax work for you
VAT affects all transactions involving goods or services in the UK, EU, and many other jurisdictions. Our international team will give you clarity on where, when and how much VAT applies, and how to structure commercial transactions in the most VAT efficient way.
Your business can face stringent penalties for failing to charge VAT when appropriate – and unnecessary costs if you don’t recognize where to reclaim VAT.
Because of our international reach, including VAT, GST and sales tax advisors in non-EU jurisdictions, we provide seamless global advice that considers all relevant country regulations. And we closely monitor developments, to ensure you know when VAT changes may affect your business and you don’t inadvertently generate VAT liabilities.
We add value to supply chain restructurings, cross-border mergers and acquisitions, and business integration projects, with prudent structuring of VAT and indirect tax.
“Because of our international reach we provide seamless global advice that considers all relevant country regulations.”
Our services also include full support with customs duties, making sure you pay the right amount at the right time. This includes guidance on the procedures for importing and exporting goods to and from the EU, prohibitions and restrictions, reliefs (including temporary importation relief and inward and outward processing reliefs), the classification of goods for tariff purposes, and valuation issues.
Our VAT lawyers have direct tax experience, so we’re able to give VAT advice in the context of the overall tax implications of a transaction. This ensures any VAT solution doesn’t have adverse direct tax consequences, for example in transfer pricing situations or in the inadvertent creation of a permanent establishment.
We have particular experience of local VAT issues in the areas of land and property, e-commerce, online gambling, education, supply chains, online marketplaces, intangibles and financial and insurance services.
Our contentious VAT lawyers can also provide assistance in relation to VAT disputes and negotiating settlements. And we have contacts at the EU Commission and can assist with lobbying for tax change.
Awards and recognition
- Ranked Tax practice, Chambers Global 2022
- Top ranked – International Tax Review World Transfer Pricing, 2017-2022
- Impact Deal of the Year, Asia Pacific, International Tax Review Awards 2021
- UK Transfer Pricing Firm of the Year, International Tax Review Awards 2017-19