How to Prepare for VAT Audits in the UK
When it comes to preparing for VAT audits in the UK, I find that many businesses underestimate the importance of thorough record-keeping and compliance checks. Maintaining detailed documentation isn't just a best practice; it's vital for a smooth audit process. I've seen firsthand how regular reviews and training can make a significant difference. But what are the specific steps we should take to guarantee we're truly ready? Understanding the nuances can be essential, and I'll share some insights that might just change your approach.
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