Indirect Taxes
The impact of Value Added Tax, Relevant Contracts Tax and Payroll Tax on business can be critical. Our specialists have extensive experience in examining the commercial aspects of contracts to determine the tax exposure. The firm is regularly requested to provide expert advise on the structure and procedures to be followed in order to mitigate exposure to indirect taxes. Our specialists are constantly researching all areas of tax legislation to identify both threads and opportunities for our clients.
These taxes are a substantial but ever increasing cost and is one of the largest components of a business’ tax burden. The recent increase in Revenue audits in these areas has also meant that businesses are now focusing even more on managing their Indirect Taxes risk and costs. With good advice significant tax savings may be made.