Complying with the VAT laws is an additional burden of task on the company. Even if it isn’t that complicated, companies end up miscalculating the tax payable or tax receivable often times. This could be due to incorrect bookkeeping, for example, an overstatement of sales invoice would result in a higher amount of tax on sales tax invoice even though the sales has not been made.
Another problem could be the late filing of return, incorrect or incomplete returns which would result in hefty penalties or defaulting charges payable to the Federal Tax Authority.
In order to avoid such issues, A&A Associates are providing VAT compliance audit services. Our team will guide the client accordingly and will ensure that no late, incomplete or incorrect filing of return is submitted.
Our services include the following:
- Assisting in the process of registration or deregistration
- VAT return review
- VAT filing review
- VAT audits
- VAT consultancy
- Bookkeeping and calculations