
Reverse charge VAT: What is it & who does it affect?
Get ahead of HMRC scrutiny by tightening your reverse charge VAT checks, records and systems now.
A sector of great importance to the UK and global economy, aerospace has been at the centre of technological engineering advancements- making it one of the driving forces in our ever-changing global economy.
Since COVID, the aerospace industry has experienced significant shifts, challenges, and advancements. Passenger air travel has rebounded strongly in 2023 as travel restrictions eased and consumer confidence was restored. Some airlines even exceeded pre-pandemic air travel levels.
There have however been supply chain challenges due to disruption of aircraft manufacturing. Looking ahead, the industry’s trajectory is shaped by a delicate balance of addressing current pressures while embracing emerging opportunities in space, defence, and greener aviation.
We have experience supporting commercial, freight and specialist airlines, as well as suppliers to the sector, including parts manufacturers, logistics businesses, caterers and other service businesses and fuel solutions, repair and maintenance businesses, as well as innovative earlier stage businesses looking to disrupt established parts of the market.
At Price Bailey, our team of finance and tax specialists in the aerospace industry can support your company in taking proactive measures in this period of economic recovery – helping you to focus on stable growth and continued expansion.
No matter the challenges you are facing, we understand them. Our specialist teams can help you to overcome these challenges, with advice that is tailored to your organisation.
Contact us today to find out more about how we can help you

Get ahead of HMRC scrutiny by tightening your reverse charge VAT checks, records and systems now.

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