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VAT Returns Outsourcing
This often leads to high overhead expenses to comply with the VAT return filling deadlines. KNS’ expert advisors can guide you through return submissions, the Make Tax Digital (MTD) policy & assist you to opt for the right VAT schemes namely Flat Rate, Standard, Cash, Retail & Marginal, whichever suits accounting needs of your organization.
Overview of Processes
Scope
Preparation of:
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Monthly & Quarterly VAT returns
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VAT Summary and Reporting
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Cash Accounting Scheme
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Schemes – Flat Rate, Standard, Retail, or Marginal
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Filing VAT
Requirement
You will provide:
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Sales/Purchase Invoices
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Bank/Cash/credit Card Statements
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Lease/Loan Statement
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Intrastat Return
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Director’s Expenses (DLA or DCA)
Output
KNS will provide:
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VAT summary
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VAT report
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Filing of VAT Return
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