Invoice financing – Liberating cash tied up in late payments
04 Aug 2026SMEs in the UK have struggled with late payments for years and cash tied…
Be Prepared. Be Compliant. Be Confident.
An HMRC VAT inspection can be a daunting experience for any business. Even where VAT returns have been submitted in good faith, errors in VAT treatment, record keeping, or internal processes can lead to assessments, penalties and significant disruption.
At Galloways Accounting, we offer specialist Pre-VAT Inspection Reviews and VAT Healthchecks to help businesses identify and address potential issues before HMRC does.
Our reviews are led by Colin Laidlaw, an experienced VAT specialist who spent many years working for HMRC. His unique insight into HMRC’s approach to VAT compliance checks allows businesses to prepare effectively and minimise risk. For additional support, it’s even possible to have a VAT expert attend the inspection with you.
Receiving a letter from HMRC advising of an upcoming VAT inspection can create immediate concern.
Questions often include:
Our Pre-VAT Inspection Review is designed to answer these questions before the inspection takes place.
We conduct an independent review of your VAT position and identify any areas that may attract HMRC’s attention, giving you the best possible opportunity to address issues proactively.
Many businesses choose to undertake regular VAT health checks even when no inspection has been announced.
VAT legislation is complex and frequently misunderstood. Changes in business activities, staffing, software systems, or accounting processes can all introduce VAT risks over time.
Our VAT Healthcheck helps ensure that your business remains compliant while reducing the risk of future HMRC intervention.
By identifying issues early, businesses can often make corrections voluntarily, reducing potential penalties and improving confidence in their VAT reporting.
Our VAT Healthcheck includes:
Colin Laidlaw’s extensive HMRC background and experience of working with businesses provides valuable insight into:
Our objective is not simply to highlight issues but to provide practical solutions that help your business improve compliance and reduce risk.
Whether HMRC has already contacted you or you simply want reassurance that your VAT affairs are in order, a professional review can provide confidence and clarity.
If you’ve received notice of an HMRC VAT inspection, or if you would like a proactive review of your VAT position, our team can help.
Contact Galloways Accounting today to discuss a Pre-VAT Inspection Review or VAT Healthcheck with VAT specialist Colin Laidlaw.
Avoid surprises. Identify risks early. Approach any HMRC inspection with confidence.
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