Taxes: Get a clear overview and straightforward advice
Do you know all the rules governing the taxes payable in your sector? Or how they are structured, how the tax is calculated, and what deductions are available?
It always pays to have Grant Thornton check both VAT and other taxes before you settle your accounts with SKAT. We are well equipped for the task and have some of the industry’s leading specialists on our team who do nothing else.
Because VAT isn’t just VAT. There are many different types of VAT, such as VAT on second-hand cars, travel VAT, VAT on property and many more. If you trade internationally or run an online shop selling to overseas customers, you must also be aware of the sales thresholds in each country before you are required to register for VAT there.
We have a thorough understanding of all VAT regulations – and can set them up correctly in your accounting system.
Strong core expertise in VAT and duties
Grant Thornton has specialists with many years’ experience of the legislation, the systems and the practical handling of VAT and duties. This provides both expertise and a broad overview in our advisory services, and ensures that the small details are taken care of before they become bigger issues or mount up.
At the same time, our experts’ teaching experience ensures that the advice they provide is easy to understand and delivered at eye level with both you and your staff. This makes it easy to follow their guidance, and simpler to remember and comply with it in the future.
Always up to date with the latest developments
Our tax, duty and VAT specialists keep themselves constantly up to date with the latest developments in laws and regulations, such as new VAT rules on gift vouchers. Not just here in Denmark, but in all the countries with which we traditionally trade. You may find it useful to read more about the VAT rules for trading within the EU
This means you can always draw on our up-to-date expertise – and be notified of changes well in advance. This makes it easier to prepare, adapt and factor any financial implications of the changes into your planning and pricing structure. In this way, you can be sure of always receiving the right advice on your VAT and tax returns from the industry’s most experienced experts.
Put your mind at ease with a tax review
At Grant Thornton, we can review both the VAT and other taxes you have paid and those you still need to pay. In addition, we can set up your accounting system so that it always applies the correct rates and calculation methods. This helps you avoid problems with SKAT and unpleasant extra bills.
Our skilled experts review all entries and highlight what needs to be amended. Drawing on their extensive knowledge and insight, they often identify errors which, in many cases, actually work in the company’s favour. That’s why a VAT and tax check always pays off!
If you wish to avoid incorrect settlements or other errors that can add up over time, it’s a good idea to let our experts set everything up correctly in your accounting system. We can both configure it with the correct rates and programme the system to handle the often complex rules that typically apply in this area. This ensures that you settle your accounts correctly and claim the right deductions. It gives you peace of mind and the assurance that everything is running as it should.