Taxation

Depending on the kind of business you operate,  you may have to pay different kinds of taxes.

For tax and VAT purposes the financial records maintained have to be accurate.

Vat inspections tend to weed out any errors, either, of principle, or, arithmetic errors. An Accountant will prepare your annual accounts and tax returns. He should identify errors. You need a system that ensures that all deliveries/work done is charged out. You also need to check that all goods/services supplied to you are correctly charged.