VAT audit

VAT control is carried out by the Federal Tax Administration (FTA) on a sampling basis. This is because the value-added tax is a self-assessment tax.

VAT Control

Controls of the value-added tax statements are performed on a sampling basis. Before the control, telephone contact is made with the company and important points such as the time and place are discussed. For the control, you will need various documents. These include, among others, the annual financial statements, land registers, creditor invoices, accounting vouchers, payroll books, purchase and leasing contracts, etc.

A VAT control typically proceeds as follows: First, the tax expert gets informed about some facts like the business activity, the number of employees, or the person responsible for the accounting. This is followed by the examination of the declaration of all remunerations. Any differences between the actual and the declared remuneration are discussed and corrected. The next step is the examination of the formal and material accuracy and completeness of the accounting. This is followed by the review of the turnovers, the input taxes, as well as special tax conditions.

At the end, the result is recorded. The tax expert issues the control result with the possibly corrected positions. In case of additional charges, a payment slip is provided. The control ends with an assessment statement. This is usually received by mail. The assessment statement constitutes a ruling against which an objection can be raised within 30 days if one disagrees with it.