-
Technical VAT knowledge alone isn’t enough; understanding a client’s business model, revenue flow, and transaction lifecycle is essential to provide practical, risk-aware VAT advice that goes beyond theory.
-
Asking detailed questions and breaking down industry jargon is crucial. Clients value curiosity and clarity over assumed knowledge, helping prevent costly misunderstandings and enabling tailored, accurate VAT guidance.
-
Modern VAT consultants must combine legal expertise with commercial insight, challenging assumptions and adapting advice to evolving business models, ensuring relevance and trust in a constantly changing environment.
Source: Zampa Partners
Latest Posts in "World"
- Learning AI in Tax: Where to Start
- E–invoicing Developments Tracker
- OECD Releases Guidance on Digital Transactional Reporting Systems for VAT Compliance and Administration
- OECD Issues Guidance on Digital VAT Transaction Reporting to Promote Global Standardisation and Compliance
- OECD Releases Guidance on Digital Continuous Transactional Reporting for VAT: Policy and Design Considerations
