Indirect tax

Services

Indirect tax

Solutions by Industry

Deloitte's Indirect Tax group provides advice on VAT, customs and excise duties, landfill tax and other environmental taxes.

We have over 200 UK specialists dedicated to providing the best advice to our clients. We focus completely on providing commercial solutions which improve compliance and ensure tax benefits are optimised. Our clients come from all types of industry sectors and range from non-profit making bodies to major multinationals to smaller owner-managed businesses.

Automotive

Our automotive indirect tax team brings together specialists with experience in many sectors related to the automotive industry, including manufacturing, supply chain, cross-border transactions, customs duty, financial services, consumer business, land and property, and environmental taxes. Our professionals work in multidisciplinary teams that take account of the whole picture and have a proven track record of delivering efficiencies to our clients.

Consumer Business

Cost reduction and cash flow efficiency is always important in the retail industry. Given the widespread application of VAT on sales, cost of sales, and other expenses, VAT compliance can present a huge cash flow risk. However, it can also be an opportunity to improve efficiency and recover input VAT as soon as possible

Our indirect taxes team have developed a variety of offerings to help reduce costs and improve cash flow including ways to improve VAT recovery procedures, reviews to check the VAT accuracy of product listings, reviews of retail VAT accounting schemes, and advice on the VAT implications of distance selling to customers around the world.

Energy & Resources

Our work ranges from the provision of a VAT helpline service for a multinational oil and gas client to advising on the VAT recovery of acquisitions for a mining company. Our global network enables us to build close relationships in different countries and we recognise the large impact that environmental taxes are having on the industry.  

Financial Services and Insurance

We are primarily concerned with maximising VAT recovery for our clients and reducing their costs, in addition to advising on whether they should charge VAT on the services they supply.

Our experience includes building partial exemption methodologies, refund opportunities, Islamic Finance and specialist advice for example, around the VAT treatment of commodities trading or on Insurance Premium Tax. 

Manufacturing

The trend toward globalisation has brought about innovation and invention in the manufacturing industry. However, expanding business brings increasingly complex indirect tax issues. These issues arise in a regulatory and compliance environment policed by sophisticated tax authorities, and forward-looking companies need to be diligent about keeping on top of changes.

We work with clients to ensure that they understand and comply with reporting processes and that there are no unexpected surprises. Our services include supply chain review, VAT efficiency analysis and reporting technology.

Public Sector

We advise on indirect taxes, predominantly VAT and environmental taxes for all arms of government and public sector bodies. We work closely with our audit, consulting and corporate finance colleagues to deliver a range of services and specialise in projects for:

  • Central government and related bodies
  • Local & regional government
  • National Health Service
  • Education
  • Social housing

Real Estate

We have a large practice dedicated to all sectors of the real estate industry. Our areas of service include property companies/REITs, house builders and real estate funds.

We also assist the UK government and bidders in the VAT implications of PFI/PPP projects advising on financial modelling and VAT recovery issues.

We can help occupiers with the VAT implications of operational property portfolio strategies providing advice on sale and leasebacks, disposal of surplus properties, and outsourcing. 

Technology, Media and Telecommunications

We work with some of the world's largest multinationals in the telecoms, media and technology (TMT) industries and have a wealth of knowledge and understanding of this industry sector. We work closely with our colleagues in the international VAT team and our TMT industry group to ensure the advice that we provide to our clients is relevant, highly usable and tailored according to territory.

Our services include reviewing global VAT compliance in the TMT sector, advising on supply chains, and, working in partnership with our tax management consulting colleagues, configuring global Enterprise Resource Planning systems such as SAP or Oracle. 

Travel, Hospitality and Leisure

We believe that our practice mirrors the need for cross-industry integration with specialist teams that provide services spanning tourism, hospitality and leisure. This team provides a wide range of VAT consultancy services in this sector. Our services include:

  • Advising on promotion schemes such as loyalty schemes.
  • Advising on property transactions such as sale and leaseback, or acquisitions and disposals.
  • Complex cross-border transactions.

Our clients in this industry sector range from hotels, tour operators, destination leisure and licensed retail to betting and gaming, sports, health clubs and aviation.