We are often asked by our clients if we can review whether their procedures and processes for VAT recovery are working correctly and efficiently. Most clients are looking to recover extra VAT but very often we find that mistakes and errors have crept into the VAT recovery process.
Often it is the same errors that keep repeating themselves and many of these are quite basic. Frequently, they could easily have been avoided and they can often be costly if a business needs to repay VAT.
We thought it may be helpful if we detail some of the most common mistakes: ..
Source: way2vat.com
