The Revenue Service has recently strengthened its declaration control procedures, reduced the frequency of on-site tax audits while increased the number of declaration discrepancies that escalate into full audits. The Revenue Service’s Audit Department has dedicated substantial resources to declaration control.

This service entails auditing all required current declarations to ensure compliance with the client’s tax obligations.

What We Do

• Following the end of each reporting period, and no later than the filing deadline (e.g., for monthly declarations, by the 15th of the month following the reporting period; for annual declarations, by the 31st of March of the following year), we verify the compliance of declarations and calculations with applicable tax legislation
• We process bank statements for the relevant reporting period and review all taxpayer information available through the Revenue Service’s electronic services website (RS.GE)
• We process accounting documentation and verify its proper reflection in accounting software.
• The data in the prepared declarations is compared with calculations derived from accounting software and accounting documentation. Any identified discrepancies or inaccuracies are communicated to the client for correction or resolution
• In the event that the Revenue Service applies a control mechanism during the period of using our service, the Loialté’s team will assist you communicate properly with the tax authority so you will be able to manage the processes so that the control procedure does not turn into a tax audit

What Sets Us Apart

• At Loialté, you will be assisted by experienced tax auditors and consultants who possess extensive experience working in both the private and public sectors, including the Revenue Service. They are consistently updated on tax legislative changes and, in providing services, take into account the practical approaches of tax authorities.
• We offer personalized services tailored to each client’s specific needs and goals.
• Loialté is ISO 9001:2015 certified for tax audit services, ensuring internationally recognized service quality
• We prioritize long-term relationships with clients, focusing on trust, results-driven outcomes, and high-quality service
• We uphold the strictest confidentiality regarding your sensitive information
• Our professional liability in the field of tax audit is insured by a leading insurance company

Benefits for Your Business

• You will mitigate or eliminate tax risks during the current period and avoid excessive taxes and/or penalties
• Your business will maintain consistent compliance with tax legislation
• Our recommendations will enable you to optimize your tax policy
• With the support of our tax experts, you can dedicate more time to managing and strategically developing your business.

Who We Serve

We provide high-quality tax support to businesses of all sizes, from small and medium-sized enterprises to large corporations. Our services are specifically tailored for:

• Small and medium-sized businesses seeking efficient and affordable audit services, as well as tax policies designed to minimize their tax burden
• Large business entities requiring accurate and optimized taxation strategies for complex economic operations
• International companies needing to ensure compliance with local tax legislation
• For non-governmental organizations seeking to optimize the utilization of tax exemptions and effectively adapt to legislative changes

Our Approach

•   We maintain objectivity and independence to ensure impartial and reliable conclusions and recommendations
•   All financial and tax information provided during our engagement will be treated as strictly confidential, in accordance with our company’s established policies and ISO-compliant procedures
•   Our tax support is based on a thorough analysis of the information provided and sound, risk-based judgment
•   Our tax experts maintain up-to-date knowledge of changes in tax legislation and their implementation procedures, ensuring the sustainability and tax compliance of your business

Contact us today to explore the benefits of working with Loialté!