Drafting & agreeing partial exemption methods

This requires an analysis of the income streams of the organisation to ascertain whether they are taxable, non-business or exempt. This will determine the appropriate VAT treatment to be applied to the outputs and inputs of the organisation, including central costs.

We will carry out a review of the partial exemption method used by the organisation and ensure that it has been correctly applied over the last three years. Where appropriate we will also identify a more suitable method which will increase your VAT recovery whilst still producing a fair and reasonable result. Such a method will require acceptance from HMRC and we will approach them to obtain approval.

If partial exemption has not been applied previously we will develop a method for you and obtain acceptance as required.

Require more information?

If you would like more information or would like to speak to us direct then call us on 0208 920 5100. Or if you would prefer, ask us a question online.