Preparation for a tax audit starts well before the inspectors arrive. These are the best practices we recommend to the companies we advise.
1. Keep records in order
Tax returns, supporting documents, contracts and accounting entries must be available quickly and consistently. Filing them by financial year and by tax makes every exchange easier.
2. Appoint a single point of contact
One person centralises requests and responses. This avoids conflicting information and keeps a precise record of what has been provided.
3. Meet response deadlines
Every notice starts a deadline. Recording it on receipt and preparing the response early is essential to preserve all of the company's rights.
We turn every regulatory constraint into a real driver of growth.
4. Argue item by item
When reassessments are notified, an in-depth analysis of each adjustment makes it possible to separate what can be challenged from what can be negotiated.
5. Seek advice early
Engaging an adviser as soon as the audit notice arrives secures the procedure and, where possible, favours a settlement before litigation.