- Common mistakes in VAT recovery process
- Failure to retain payment receipts
- Claiming back VAT on non-business use expenses
- Amendments to legislation
- Not adding the human touch
- Filing for a claim with non-compliant invoices
- Importance of staying updated with VAT regulations and legislation
- Need for a balance between technology and human intervention in VAT recovery process
Source: blog.vatit.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "World"
- “How do I know if my Peppol e-invoice has arrived?” – A practical guide for entrepreneurs
- E-invoicing: putting taxation back at the heart of the system
- The Case for Adopting or Modernizing VAT Amid Economic Transformation
- VAT Report Guide: Understanding the Nine-Box Financial Document for Business Compliance
- What is a Standard Audit File for Tax (SAF-T)? A Global Compliance Overview
