VAT Risk Management

Keep VAT risks under control

The need to actively monitor business risks has become much more urgent in recent years. New rules in Switzerland and abroad oblige companies to minimise their operational risks through suitable processes and internal controls. VAT, as a tax on transactions, affects almost all areas of a company’s business. The complexity of VAT for business transactions requires tax-paying companies to take special internal organisational measures.

Your challenges

• You wish to actively identify and monitor your VAT risks
• You want to or are obliged to document existing VAT processes and controls in a standardised way
• You’re looking for opportunities to improve your VAT processes and controls
• You want to ensure that your current VAT processes and controls correspond to the risk profile of your business operations

How PwC supports you

We work with you to develop an organisational framework to enable you to actively monitor VAT risks. Based on our experience, we can offer you monitoring solutions for your VAT risks tailored to your business. We can also support you in documenting and analysing your current processes and advise you on how to improve your VAT processes and controls. Our VAT team will help you achieve the following goals:

• Active monitoring of your VAT risks at home and abroad
• Establishing a clear and cost-efficient organisational framework to monitor and control your VAT risks
• Improving existing VAT processes and controls
• Ensuring existing processes and controls correspond to your company’s risk strategy and risk profile