Through incorrect set up of tax codes for various VAT rates and treatments, you could be losing liquidities. You could be losing input VAT when purchasing goods and services. You might also have incorrect output settings of VAT, which will affect your margin. On the other hand, you could be underpaying VAT, and, therefore, you have a risk of tax adjustment and penalties by your local authorities.
Our team of VAT specialists will undertake a complete review of your processes and identify potential risks. We will also validate the classification of products and goods to help you identify mistakes that you were not aware of.
What we will need?
Areas provided
Input VAT
Output VAT
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