VAT Consulting

RKG Consulting provides VAT advice and compliance services on a wide range of subjects and issues. Our expertise includes expert knowledge on VAT issues relating to international trading in goods and services, exports, imports, UK land and property, financial services, retail schemes, etc. We have particular expertise regarding the VAT aspects of e-business such as trading in digital products such as downloadable software, music, games, information, internet advertising, third-party intermediary, content distribution and new-media services as well as more traditional areas such as telecommunications, IT and software services.

On the VAT compliance front we provide VAT registration, VAT return preparation and filing, VAT refunds and other such services which are essential for a business to function in the UK and EU generally.

  • Cross-border VAT: 2010 changes

    The changes to the Cross-border VAT rules announced in the 2009 Budget represent a significant reform of the VAT regime applying to services and introduce important changes to the intra-EU reporting regime for goods. These changes will: • modernise and simplify the current rules relating to cross-border supplies of services • make the recovery of VAT on [...]

  • Banking & Finance

    Content on Banking and Finance : Related Posts:VAT implications of On-line Banking productsOther VAT topicsBusiness Plans & Raising FinanceImmigration ServicesPrivate Clients

  • Other VAT topics

    Content on Other VAT Consulting: Related Posts:ServicesImmigration ServicesPrivate ClientsCorporate ClientsBanking & Finance

  • Registering for VAT

    If the value of your taxable supplies is over a specified limit, you must register for VAT, unless your taxable supplies are wholly or mainly zero-rated in which case you may apply for exemption from registration. If you are registered for VAT, you must charge and account for VAT on all your taxable supplies from [...]

  • The basics of Value Added Tax (VAT)

    VAT is a tax on spending by consumers. It is collected on business transactions, imports and acquisitions from other EU member states. Most business transactions involve supplies of goods or services. VAT is payable if the supplies are made in the UK or other EU countries; they are made by a taxable person; they are [...]

  • VAT issues and risks for US companies entering Europe for business

    As there is no Value Added Tax (VAT) in the US, companies from North America could expose themselves to VAT risks when entering Europe for business, if they are not properly advised beforehand. A VAT liability could easily arise by virtue of a transaction deemed to have taken place in Europe. It may [...]

  • VAT issues of yacht acquisitions / imports

    VAT implications of Yacht acquisition / ownership  (prepared by RKG Consulting – www.rkgconsulting.com, 020 7839 0389) Owner is Yacht purchased / located in the EU Yacht purchased / located outside the EU     Resident in the EU Scenario: UK purchase:  yacht purchased in the UK/ Isle of Man is subject to VAT at 17.5% if it remains in the EU. Solution:  [...]

  • RKG VAT services

      VAT refunds – obtaining refunds of VAT suffered on business expenses for non-UK and UK businesses.  VAT investigations – resolving disputes, enquiries and investigations on businesses by HMRC concerning VAT and customs duties.  LVCR (Low Value Consignment Relief) – utilizing the under-£18 VAT exemption for goods shipped from the Channel Islands.  VAT and investment funds – structuring VAT-efficient [...]

  • EU VAT rates at 1 January 2010

    Related Posts:EU reduced VAT ratesIncome tax allowances, rates & bandsEU Corporate Income Tax ratesIndia outbound: Cyprus Holding companyNational insurance rates & bands

  • EU reduced VAT rates

    Related Posts:India outbound: Cyprus Holding companyEU Corporate Income Tax ratesUK LLPsIncome tax allowances, rates & bandsIndia inbound investment tax structure

  • Get your VAT back in Europe

    Organisations and their executives incurring expenses in the EU such as on hotels, meals, conferences, car hire and other business-related expenses are entitled to reclaim the VAT on such expenses.  There are two types of cross-border EU VAT refund schemes.  One scheme is for businesses established in the EU but wishing to claim VAT incurred in a different member state. [...]