VAT review - Input & output VAT compliance
We offer comprehensive review of accounting books and software and also input output tax calculation. We also help you analyse overall position on following VAT regulations and point out remedies to solve major loopholes for compliance. Our thorough analyses and review will help you mitigate and reduce impact on your business less affecting your business relationships.
What do we review?
- Input VAT calculation
- Output VAT calculation
- Nature of supplies – taxable/zero rated/exempt supplies
- VAT due calculation
- Supply of goods/services – Local /within GCC / outside GCC
- Reverse Charge Mechanisms
- Treatment of expenses