The tax audit is a process that is used to determine various factors such as a special tax administration tasks.It has special attention to discussing everyday actions and plans in order to increase the effectiveness of office and also check of their duties.You can know about tax solutions, tax debt and revenue tax audit and appeals at CA via various websites.
There are certain taxpayers' benefits or rights according to the following characteristics:
Coherence is very important so that employees can see a certain duty in a logical or proper way and without overlapping and usefulness, is used to avoid complex and lengthy procedures that are being used for tax audit process.
Effectiveness, so that functional duty will not affect the real growth of financial burden and different administrative barriers.
Comprehensiveness is used to provide certain solutions for various situations that might result in the good relations between taxpayers and tax administrators and resolving these conditions in agreement with the principles of professional standards.
The organizational structure of an audit always meets the requirements for an efficient and functional audit, based on the needs, which comply with important objectives established in the orientations of the tax audit company. You can learn about tax audit via HighBury Tax Solutions.
In awareness of national strategic plans and objectives for audit process, besides the requirements of the law, the audit offices completely focus on the application of requirements specified in law from taxpayers.
Concretely, investigators in charge of this responsibility must check, audit and then compare and correct taxpayers' declarations for certain steps:
Accuracy: Accuracy is basically related to name, address and economic activity, or any modifications or changes in information taxpayers provide to the tax authorities at the time of the request for registration.
Legal accuracy: In this case, all incoming payments are used for taxable supplies.Visible display of prices in the premises where the action is exercised.An accuracy of an audit declarations in sales and purchases is always compared to the monthly declaration and payment forms.