Tax services
Tax is not an annual event. It is a chain of deadlines where each link affects the next. We hold the whole chain, not just July.
What you receive
Corporate and individual returns
Preparing and filing income tax returns with the schedules the tax administration requires.
Value added tax
Quarterly VAT returns, input credit tracking and resolving discrepancies in the taxpayer system.
Quarterly transaction reports
Article 169 filings for purchases and sales, reconciled against the ledgers before submission.
Objections and defence
Drafting the objection to an assessment notice and appearing at first-instance and appeal dispute boards.
Field assessment support
Our specialist attends the assessment meeting and prepares the documents the officer requests.
Tax liability forecast
Projecting the payable amount before year end so cash budgeting is not caught out.
Why assessments usually come back heavy
In our experience most additional tax comes from three places: expenses without acceptable supporting documents, a mismatch between the quarterly transaction report and the ledgers, and revenue recorded in the taxpayer system but not in the books. All three are controllable before filing.
So we run a reconciliation check before every submission. If a figure in the ledgers does not agree with a figure in the system, we find out before filing rather than two years later in an assessment notice.
If an assessment notice has arrived
- ۱The objection window is thirty days from service and it is not extended. Our first action is to lodge the objection inside that window.
- ۲We request the file from the tax office and review the assessment working papers so the basis of the figure is clear.
- ۳We draft the defence on the documents that exist, and we tell you plainly which parts have no support.
- ۴We attend the board hearing and report the outcome to you in writing with our analysis.
Common questions
How long do we have to object to an assessment notice?
Thirty days from the date of service. It is a statutory window and cannot be extended. Once it passes the notice becomes final and the routes left to you are far narrower.
Do you attend the board hearing?
Yes. The specialist handling your file attends both first-instance and appeal hearings and argues the case. Your own attendance is optional.
Can penalties be waived?
Some penalties can be waived under the annual circulars, but late VAT filing and failure to submit quarterly transaction reports are in most cases not waived. Prevention is cheaper than pursuit.
What about the taxpayer system?
Registration, fiscal memory configuration, electronic invoice submission and clearing system-to-ledger discrepancies are all part of this service.