Ensuring HMRC compliance is a two-way process.
You need to ensure that all your tax responsibilities are being met but also that you’re able to reclaim any legitimate HMRC reimbursements. This requires getting to grips with VAT.
But the complexity of VAT legislation means that many companies are failing to properly manage this area of expense management and are losing out on money they’re entitled to.
And the amounts being lost can be considerable.
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