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Reasons to carry out a VAT audit for your company?

HOW ASD GROUP CAN SUPPORT YOU

We manage intra-Community VAT for thousands of companies across all sectors. Every year, our VAT specialists analyse the goods flows and invoices of hundreds of companies. We consider ourselves VAT practitioners.

Preparation and verification

Preparation, verification and submission of Intrastat declarations

Analysis and monitoring

In-depth analysis and monthly monitoring of all your invoicing flows

Data entry and verification

Data entry and verification of the compliance of invoices and customs nomenclatures

Customs nomenclatures

Research and control of customs nomenclatures

Assistance

Assistance during administrative or customs audits

Training

Tailor-made training dedicated to Intrastat management, adapted to your staff

WHAT A VAT AUDIT IS

VAT audits enable companies to verify their VAT compliance and protect themselves against potential audits.

An in-depth analysis carried out by VAT specialists will highlight the main risk points.

At the end of the assessment, a complete file is provided to you, including our recommendations.

VAT AUDIT TO AVOID TAX AUDITS

The rules of intra-Community VAT are far more complex than they appear. The application of these rules, or the difficulty in interpreting official texts, make intra-Community VAT a major concern for internationally active companies and a real tax risk.

A VAT audit makes it possible to eliminate the risks associated with a tax audit. VAT represents a significant financial issue if the returns are incorrect or if the supporting documents do not comply with the regulations in force. A VAT diagnosis or a VAT audit aims to examine the flows of goods and invoices in order to verify their compliance.

The audit may also consist of a complete examination of the company’s accounts in order to identify purchase and sales flows and verify their consistency.

VAT AUDIT: THE ESSENTIAL POINTS

Complete examination of all supporting tax documents (purchase and sales invoices, import and export documents, etc.)

Verification of VAT returns and the accuracy of the amounts declared

Delivery of your file including our risk assessment and our recommendations.