Your yachting and aviation business’ tax accounting is an important and continuous responsibility. This is with regards to both your business’ assets, but also to any related transactions. It is also a legal obligation once you’ve VAT registered your asset for business.
Asset business tax accounting involves the following:
- Creating invoices
- Keeping accurate books and records
- Periodically filing returns
- Hosting tax authority inspection visits at the registered place of business
In addition to this, your asset’s tax accounting can survive your business’ actual registration period. Records must therefore always be carefully organised and maintained to remain compliant.
How Y & A Group, LP help
Our expert VAT accounting service means your business’ accounts will always be compliant with relevant tax rules. You can therefore relax, knowing the audit trail required between your business records and your VAT returns is safely maintained.
Y & A Group, LP. Competent and professional at all times.