The VAT Dragon

Draco fiscalis

Spotted in the wild

Five things must line up - rate, direction, partner group, product group, method - with reverse charge breathing down your neck. Get one scale wrong and it bites at audit time.

How to survive it

AIFT resolves the right VAT code from all five dimensions at once, self-assesses reverse charge, handles the non-deductible portion - and won’t let an incomplete one into the export.

Which one is your month-end? aifinance.team