Pre-filled VAT returns, based on electronic transaction data, simplify tax compliance by providing draft filings for taxpayer review. This system, adopted by numerous countries globally, offers benefits like faster processing, reduced costs, and improved fraud detection.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
