0345 686 6551
Many housing associations face the worry of a potential HMRC VAT inspection, and many after receiving notice find themselves in a scramble to get ready. But what if you could be proactive and fully prepared, address any issues beforehand, and even uncover hidden VAT savings, well before HMRC even arrives?
At S3TAX, we’ve supported numerous clients through VAT inspections, and we’ve developed a deep understanding of HMRC’s current focus areas within the housing sector. Based on our extensive experience, we’re sharing valuable insights to ensure you’re fully prepared, whether HMRC has already scheduled a visit or not, with our HMRC Visit VAT Review.
Avoid surprises and ensure VAT compliance.
Proactive Preparation
• Reduce Stress: Avoid last-minute rushing and answer HMRC’s questions with confidence.
• Stronger Defence: Proactive preparation minimises potential penalties.
• Uncover Hidden Opportunities: Identify areas where you might be missing out on VAT reliefs.
Here’s how our HMRC Visit VAT Review can get your Housing Association prepared:
Simulated HMRC VAT Visit
Unlike waiting for the real deal, our simulated visit allows you to experience the inspection process. This identifies any potential issues and ensures your team feels confident answering questions.
Insider Knowledge Of HMRC’s Focus
Our experience grants you valuable insights into the specific areas HMRC might scrutinise. This allows us to tailor your preparation to address those concerns directly.
Reduced Risk Of Penalties
Proactive preparation minimises the chance of surprises during the actual inspection, reducing the potential for penalties.
What Happens During Your Review?
Our comprehensive preparation process equips you to face an HMRC VAT inspection with confidence. We begin by analysing your VAT records, pinpointing any areas that might require attention. This proactive approach helps us identify potential issues early on, allowing you to address them before an inspection.
Next, we put you through a realistic mock inspection. This simulation allows you to experience the process firsthand, familiarise yourself with the types of questions HMRC might ask, and prepare or practice your responses in a stress-free environment.
Maximise Your Advantage – Identify Any Missed VAT Opportunities
S3TAX can uncover potential VAT reliefs you might be missing, leading to cost savings. We’re committed to maximising your VAT efficiency and further strengthening your Housing Association’s position.
Has HMRC Already Scheduled A Visit?
We can support with that too. When the actual HMRC visit arrives, we’ll be right by your side. Our VAT experts will be there to answer any questions that arise during the inspection, providing you with the technical knowledge and guidance you need to manage the process smoothly.
Following the inspection, we’ll continue to support you. We’ll handle any post-inspection follow-up correspondence from HMRC, ensuring all documentation is accurate and complete. Additionally, we’ll aim to minimise any potential penalties that might be proposed.
Don’t Wait Until It’s Too Late!
By taking a proactive approach with S3TAX’s expert guidance, you can transform a potential or actual HMRC VAT inspection from a source of stress into an opportunity to demonstrate compliance, identify cost savings, and build a stronger relationship with HMRC.