VAT Compliance Review
Our tailored VAT compliance reviews and training programmes help companies reduce the risk of penalties and fines that can result from VAT non-compliance.The benefits of a compliance review
- Increase your company's VAT compliance efficiency
- Reduce the risk of VAT penalties
- Improve your VAT compliance behavioural score
- Understand changing VAT regulations where they are relevant to you
- Gain strategic VAT advantage
In the light of new behavioural scoring systems being introduced by tax authorities, the compliance review demonstrates your company's seriousness about VAT compliance. It may also identify saving opportunities, such as obtaining VAT advantage through registration abroad.
The process
The review is a single-day healthcheck on your business. Our consultants visit your offices and examine records to make sure the VAT processes you have in place comply with regulation, and to assess whether these processes are actually the most commercially beneficial for your business.
We then provide you with a written report giving an overview of your VAT compliance position together with details of the invoices we've examined and how well they meet tax authority criteria. Practical recommendations are also made. It's like a pre-emptive VAT inspection - but with the inspector on your side.
Download the VAT Compliance Review BrochureElectronic VAT Compliance Analysis
Does your company make large numbers of cross-border transactions? Are you concerned that your manual VAT compliance check processes aren't providing you with the full picture about your VAT compliance position? Precisely how many invoices sent out by your company last month failed to comply with reverse charge regulation, for example? Accordance is now able to offer a technology platform designed to give Tax Managers comprehensive information about the VAT status of all transactions. Full reports are produced within hours. Implementation is quick and easy - the platform interacts with your ERP system without needing to be integrated into it. And, because the system takes advantage of recent technological developments, costs are low. As tax authorities move towards electronic compliance inspection, we can help you make your large-scale VAT compliance processes secure and accurate.
Why not contact us to discuss your company's needs?
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