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Correcting VAT returns for a distribution company

Four tax periods reconciled and a correction request filed, removing potential penalties and returning the file to full compliance.

CASE FILE

From issue to result

A clear record of the position we found, the work completed, and the outcome delivered.

Situation

Four VAT periods required reconciliation, leaving the distribution company exposed to potential penalties and an incomplete compliance position.

What we did

We reconciled the four periods, reviewed the supporting records, and prepared and filed the correction request.

Outcome

The correction removed the potential penalties and returned the VAT file to full compliance.

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Thirty minutes with an FTA-registered tax agent: we review where you stand and tell you what to fix first.

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