T.R.U.S.T. form-filling module - A60 sheet

Preparing VAT returns, form filling and submission with software support

The business challenge

As of 1 January 2013, taxpayers must prepare as part of their VAT return a domestic recapitulative statement for domestic purchases with a VAT amount of HUF 100,000 or more. Preparing and checking this statement significantly increases the time required to prepare VAT returns, which is in itself time-consuming.

How we can help

Tax Return Unified Support Tool - T.R.U.S.T. - VAT returns in a few clicks

Tax Return Unified Support Tool - Automating VAT returns

In order to minimise the administrative burden for businesses when preparing and completing VAT returns and EC sales and purchases lists, PwC’s tax experts and Smart Tax developers have jointly created an IT solution called Tax Return Unified Support Tool (“T.R.U.S.T.”).

The benefits of our solution at a glance

Automatic data processing

Automatic data processing from the enterprise’s ERP from various format.

Validation of VAT numbers

Validation of Community and Local VAT numbers from the VIES.

Logical testing

Logical testing of VAT codes and tax numbers.

Automatic calculations

Automatic execution of calculations due to changes in foreign exchange rates.

Wide range of use cases

Wide range of possible use cases due to the modular structure of the tool.

Extensions

AP invoice reconciliation module as add-on.