Indirect Tax

Operating Value-Added Tax (VAT) in a tightly controlled environment can pose significant challenges to your business. Your employees need to be updated and appropriately trained in the practice and legislation of the VAT Compliance process. Any error in the operation of VAT can result in adverse consequences for your business. Thus, it is important that you take timely action and are in constant touch with the Revenue Department to ensure full disclosure and co-operation when regularising matters with a view to mitigating sanctions.