How Can We Help?

PwC can help you formulate, implement and manage your global VAT strategy. We have a network of more than 2,000 indirect taxes experts in 150 countries, ready to work with you and your local teams.

We have strong relationships with policymakers and tax authorities. We understand the issues and have experience of advising clients on same. We will work with you to find the right solution for your business.

Our services

• VAT Compliance: Domestic & International
  

  We offer a broad range of VAT compliance services including VAT registration, completion and submission of VAT returns, VIES (goods and services) & Intrastat statements and foreign VAT reclaims to ensure your business is fully VAT compliant and all payments/refunds due are dealt with in a timely manner. We can provide assistance to any business engaged in both VATable and exempt supplies by ensuring the most suitable apportionment method is used to optimise VAT recovery.

  

   

• Cash-flow Management
  

  Cash-flow management is a critical aspect for all businesses. From a VAT perspective, there are a considerable number of measures and reliefs available to businesses which can ensure the timing of any VAT payments/repayments are structured in a VAT efficient and cash-flow advantageous manner.

  

   

• Property Transactions
  

  VAT on property is a complex area. Our VAT team has considerable experience advising on all types of property transactions under both the old and new regime. We can provide assistance to ensure transactions are structured in a VAT efficient manner keeping the real cost of any transaction to a minimum and ensuring all VAT obligations have been met.

  

   

• VAT Reviews
  

  VAT reviews provide an opportunity to identify key risk areas of your business and consequently mitigate any potential underlying VAT costs. As part of such reviews, we can provide recommendations on controls and strategies to ensure such risks are kept to an absolute minimum going forward.

  

   

• Staff Training
  

  We can provide in-house VAT training courses on all aspects of VAT and provide supporting VAT material specifically tailored to suit the needs of your business and employees.

  

   

• Business Systems Development & Risk Assessment
  

  VAT performs a vital function within any business process: used incorrectly, or by improperly trained personnel, it can pose enormous tax risks. By engaging our VAT team, we can ensure that all the VAT-related functionalities in your ERP system are being used to their full extent and ensuring any systems risk is kept to a minimum by implementing the necessary system controls.

  

   

• Mergers, Acquisitions, Takeovers & Share Sales
  

  We can provide VAT advice on all aspects of M&A activity and address all VAT issues arising from such activity, from the initial planning stages to the closing of agreements. VAT incurred on costs associated with same can be significant, we have considerable experience advising on whether the deductibility of such VAT is possible keeping the real VAT cost to a minimum.

  

   

• E-Invoicing, E-Archiving & E-Storage
  

  PwC is the leading advisor in this area having recently conducted extensive surveys across all Member States on behalf of the EU Commission. There are many ways businesses can reduce the high costs of traditional invoicing and storage in this rapidly developing area. E-invoicing and e-system storage can significantly improve a business’ efficiency in terms of both cost and time. PwC can offer innovative solutions specific to your business needs.

  

   

• Liquidation, Examinerships & Receiverships
  

  Unfortunately given the slowdown in both domestic and international markets, many businesses are facing critical issues such as insolvency. Our VAT team, working with our colleagues specialising in this area can address the various issues and obligations arising from same.

  

   

• VAT Audits
  

  We can provide assistance and advice with audits by the Irish tax authorities including pre-audit reviews, advice regarding disclosures, attendance and representation at audit meetings, negotiation and dispute resolution.

  

   

• VAT Hearings
  

  We can assist with all stages of the appeal process from the Appeal Commissioner’s office to Supreme Court hearings and provide both strategic and technical advice to ensure all procedures are correctly followed.

  

   

• Lobbying
  

  PwC, on numerous occasions, has successfully represented various industry bodies and interest groups with a view to highlighting industry concerns to the Irish tax authorities. By engaging PwC and working with the Irish tax authorities in respect of the drafting of new VAT legislative changes, the overall impact such changes can have on an industry can often be alleviated.