We discover and recover unclaimed VAT/GST. To date we have recovered in excess of R750m ($AUD80m) for our clients.
Why a VAT/GST review?
- VAT/GST is often neglected
- Impacts a large proportion of company transactions
- High probability for errors
- Potential for large refunds
- VAT/GST can be very complicated and misunderstood
A simple download of the relevant years transactions is presented to us (or can be extracted by us).
Analysis and Identification
We work off-site. We have cutting edge processes and the latest data mining software at our disposal. Added to that, we have some of the most experienced personnel in the business, with decades worth of VAT/GST reviews behind them. We go further than merely checking for missed inputs on accounts payable. We have a holistic, risk based approach.
Presentation of findings
We will present our findings in a report together with supporting schedules. We will also advise on any weaknesses identified in your processes. Once you are in agreement, we will assist with the reclaim from SARS.
Reclaim of VAT/GST
We will assist with the reclaim of any VAT/GST savings.
Fee on receipt of reclaim
We only invoice once the VAT/GST is repaid by the authorities, either in the form of a refund or a reduced payment on the next return.