Value Added Tax (VAT)

Tax rates, VAT law and VAT systems differ in each Member State. VAT is a complex area that requires expert advice to ensure that you are maximising the cost effectiveness of your business. It is essential to monitor and manage VAT costs and to ensure that you comply with all the relevant legislation. Our indirect tax team can help you to streamline your operations to minimise VAT costs and provide you with the skill and foresight that you need to manage your VAT, rather than just paying it.

Our services

Assistance with VAT registration and compliance
Review of the VAT application within your business
Preparation of VAT returns and effective keeping of VAT records
Preparation of related reports (control statement, EC Sales List)
Check for the correct application of VAT rates
Representing foreign companies for the purpose of reclaiming
Czech VAT
Representing Czech companies which qualify for a refund of foreign VAT
Analysis of business costs to optimise statutory VAT entitlements
Vision projects to provide you with an analysis of potential cost
savings
Cash-flow planning
Ensuring partly exempt businesses adopt optimum partial exemption method
Helping businesses to identify VAT-efficient promotion schemes

Carrying out accounting data analysis to identify risk areas, errors and opportunities for VAT savings
Acquisition planning
Outsourcing advice
Shared service centres advisory
VAT management of the supply chain
E-invoicing and e-archiving
ERP configurations
Analysis of import or acquisition VAT to determine optimal cash flow
Assisting you with negotiations with the tax authorities
Assisting you with tax audits
Comprehensive verification of business partners directly within SAP
Unpaid VAT liability advisory

Industries & Markets

We have VAT specialists who are experts in Automotive, Banking and Financial Services, Energy, Environmental, Pharmaceuticals, Public Sector, Real Estate, Telecommunications and many more. We can bring together an international team of VAT specialists for each sector focusing on: