VAT – vjaccountancyservices

Value Added TAX

A shift toward live invoice submissions

Tax authorities are checking and calculating VAT liabilities in real time. They are also rapidly imposing digital transaction reporting requirements in order to close stubborn VAT revenue gaps running to €150 billion per annum.

Business on the back foot

Self-assessment gave businesses a chance to review and correct liabilities. But as tax authorities start to check transactions in real-time businesses of all sizes must upgrade their accounting systems and tighten their VAT determination processes

"VJ Accountancy Service’s VAT solutions help reduce the risk and cost of compliance"

VAT Reporting

E-filing of electronic formats for direct filing with tax offices
Data error checking, validation, and exception reporting
Daily batch processing and manual adjustment capabilities
Automated support for VAT Ledger reconciliation
Data-mining tools to support MIS reporting
All reports on a single platform

VAT Expert

Detailed coverage of VAT for European entities trading within and across Europe
Personalisation via an upload of customer and supplier data
Generation of both electronic and paper invoices to match local VAT requirements
Direct link to VIES to check the validity of all customer and supplier VAT numbers

VAT registration and returns services

Reduce the complexity of international VAT with VAT registration, returns, and reporting services from VJ Accountancy Services for businesses of all sizes and industries.