- VAT audits can be difficult for businesses due to complex rules and potential penalties for non-compliance.
- Tax authorities may impose fines and interest at the end of an inspection, leading to expensive bills.
- It is important to assess whether the tax office was legally entitled to impose such amounts.
- VAT Desk offers a free dispute assessment to determine the likelihood of success in challenging the Tax Authorities’ claims.
- If the amounts assessed are justified, it is best to approve the settlement and seek help in reducing fines.
Source vatdesk.eu