Control of Tax returns
In recent years, the Revenue Service has strengthened declaration control procedures, reduced the precedents of appointing direct audits, and increased the number of audits resulting from declaration control. According to the operational plans of the structural units of the Revenue Service for 2023, the largest part of the resource comes from the control of declarations.
Declarations control service implies the ongoing audit of all necessary declarations in accordance with the client’s obligations. In particular, after the end of each month, before the time of submission of declarations (until the 15th), the correctness of the tax declarations prepared by the client is checked. Tax payer, which was assigned the rank of medium category by Revenue servicec expected to have high risk.
In which cases is it necessary to control declarations?
- When the business has interest of insuring tax risks of the current period;
- When there is a reasonable doubt that mistakes have been made in accounting;
- When the business is interested in the exact amount of tax liabilities;
- During the changing process the materially responsible person or manager;
Loialte’s declaration control process, consists of the following stages:
- All information on the payer’s page on the RS portal is processed;
- The correctness of accounting of operations in the accounting software is checked;
- In case that accounting is not performed correctly, we inform the client about the mentioned deficiencies in order to correct them
- If the are defects in the declaration, the client will be notified in writing in order to eliminate the defects;
- When the detected deficiencies are eliminated and the client company confirms this to us, the declarations are re-checked and the client is notified that the declarations have been verified and can submit them.
- If Revenue Service activate any of the declarations control mechanisms, we will support the client to communicate properly so that an audit is not initiated by the Revenue Service.