Full VAT inspections conducted at the client’s business premises are not as commonplace as they once were. However, they are still carried out and often occur because of a large error correction, HMRC campaigns on certain sectors, a random spike in inputs, or a sudden change in the standard to zero-rate ratios.
Accountants and clients can often go through their whole career and not have to deal with a full VAT assurance check. This can create problems if the client doesn’t understand which questions they should answer and which they have no obligation to. In addition to this, the pressure and anxiety caused by an inspection can often cause the client to say things which land them in hot water.
We regularly attend VAT inspections and act as both a support to ensure things go as smoothly as possible and a filter to ensure only the questions pertinent to the inspection are answered.
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