A lot of companies are still getting to grips with the new VAT regulations that came into place on 1 January 2018. We have recently helped companies, completed their VAT submissions and we are also advising them on how the new VAT rules will impact their profitability.
Some companies are finding that the VAT rules will impact how profit is distributed between their holdings company and their LLC. The impact of VAT is more far reaching than companies realise. Advisors ME are therefore working with companies on an ongoing basis to enable them to work out how to reduce the impact of VAT on their company.
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