Top Tips for Improving VAT Compliance

The global market potential for Value-Added Tax (VAT) reclaim is nearly AUD $102 billion, but constant change in country-specific tax regulations and demands for digitisation of tax reporting have made reclaiming VAT increasingly complex and difficult to manage. Errors, such as late submission of VAT, incorrect VAT charges, or invalid claim documentation, may lead to penalties. 

Download the tipsheet for 10 actions you can take to protect against audits and penalties, and maximise your profitability.