Take-away food is a complex area of VAT and the subject of much litigation. As HMRC continue to increase their focus on this industry sector retailers should carefully consider their VAT position to maximise opportunities and avoid unnecessary costs.

As a firm we at Smith Cooper understand franchise. Smith Cooper’s Corporate Finance division is already well-known in the franchise industry, being one of the leading deal managers of franchise transactions.

Smith Cooper has a team of full time VAT specialists and more than 19 years experience of this sector. We have extensive experience of dealing with HMRC. From negotiating assessments to dispute resolution, appeals and litigation, our in-depth VAT health check reviews can not only mitigate exposures to VAT but may also highlight opportunities for hot food retailers to reduce their VAT liabilities, and for franchisors to maximise sales royalties. We can also provide seminars/training to franchisees and franchisors.

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