VAT Health-Check

Minimise your risk of VAT exposure and penalties

By initiating a VAT health check, you are taking the opportunity to protect your business from any unexpected non-compliant areas of your ledger management process. Either way, it’s a process that gives peace of mind.

Our VAT Health-Check Process

Contact

Contract

Review
Identify

Document

Report

VAT affects everyday business transactions. A non-compliant business faces the genuine risk of being assessed VAT penalties and interest.

As organisations evolve, supply chains, billing structures, supplier & customer data setup, for example, can cause mistakes and pose a real risk to what is usually a compliant business.

Cross Border VAT Reclaim Chart

Effective management of VAT can result not only in the correct reporting of VAT and hence prevention of potential VAT penalties and interest, but also allows identifying the potential VAT savings and other efficiencies.

The Process

Once we gain a clear understanding of your business and processes, we will review your companies transactional data, following transactions from PO to payment, including an in-depth analysis of your current VAT systems. Our investigation and review will cover transaction types, VAT codes, supplier and customer data, indirect tax filings such as VAT, ESL/VIES Intrastat, and considerations of the possible impact caused by BREXIT. Our findings will enable us to develop a comprehensive view of your accounting chain within your organisation.

The Outcome
  • Discover and outline all potential VAT compliance risks.
  • Address all issues that need to be corrected.
  • Identify any potential improvements and savings.
  • Document your supply chain process and develop a reference template for future use by your organisation.

A VAT Health Check will typically take approximately 30 hours to complete. If additional information indicates any significant issues that require further investigation, we will advise you of our findings and discuss your options.

Download our VAT Health-Check Guide

Don't just take our word for it...

“We find Global Tax Reclaim to be very professional and approachable in all dealings which we have with them. They offer suggestions which help us to retrieve the information that they need in a quicker and more efficient way and they are very flexible depending on customer requirements. Their client portal “VAT Vault” tracks the tax they have reclaimed and from which country (e.g. tax on UK/Dutch/German etc. receipts and invoices). We were surprised at how much they were able to retrieve for us and therefore we extended their services to our offices in the UK.”

CFO – One of the largest publicly traded (NYSE) and diverse providers of professional technical services in the world

CFO – One of the largest publicly traded (NYSE) and diverse providers of professional technical services in the world
More testimonials »

Contact our domestic and foreign VAT reclaim experts today

Call +965 99 191 024 or email info@globaltaxreclaim.com

Headquarters

Ireland Global Tax Reclaim Ltd
Northwood Business Park
Santry, Dublin
D09 XC81, Ireland

Regional Offices

Middle East and North Africa

Global Tax Reclaim
Sharq, Kuwait

Czech Republic

Global Tax Reclaim
Havanska 1087/3a
17000
Prague

France

Global Tax Reclaim
141 Avenue Félix Faure
75015
Paris

Germany

Global Tax Reclaim
Eschersheimer Landstraße 42
60322
Frankfurt am Main
Hessen

Italy

Global Tax Reclaim
Via della Moscova 13
20121
Milan
Lombardy

Croatia

Global Tax Reclaim
Ivana Sibla 15
10000 Zagreb

Poland

Global Tax Reclaim
ul. Chmielna 73B/14
00-801
Warsaw

Switzerland

Global Tax Reclaim
Gartenstrasse 7
CH-6300 Zug

United Kingdom

Global Tax Reclaim
124 City Road
London
EC1V 2NX

United States of America

Global Tax Reclaim
150 West 25th Street, RM 403
New York City, NY
10001