Retrospective VAT Adjustment

There is a strict legislation surrounding VAT for businesses trading cross-border; VAT registration thresholds differ internationally – once breached, businesses are obliged to register for VAT and charge appropriate local VAT on their sales. Where there is an interval between commencing trade that requires a VAT registration and applying for the VAT registration, it may be necessary to liaise with local tax authorities to resolve retrospective VAT issues.

Where necessary, Accordance can provide advice on any retrospective issues that have arisen in the course of registering for VAT, and provide support to ensure ongoing compliance with changing VAT legislation.

Accordance are experienced in resolving issues presented by retrospective VAT adjustments, and have successfully negotiated reduced interest, fines and penalties for clients making retrospective VAT payments, whilst ensuring that companies are compliant in respect of VAT obligations going forward.

To find out more about Retrospective VAT Adjustments contact us.

VAT Registrations Guide

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