01
A targeted review, not a generic checklist
The review starts with how the business earns, buys, imports, contracts and records. Testing then focuses on the flows most likely to create material VAT exposure or blocked recovery.
- Output tax and liability
- Input tax recovery
- International and property flows
- Returns, digital links and evidence
02
A report that can be worked
Findings should state the fact pattern, risk, value range, confidence level and next action. Technical caveats belong beside the issue, not hidden in an appendix.
- Prioritised risk register
- Correction and disclosure options
- Owner and due date
- Control improvements
Primary sources
Tax guidance changes. These official sources were checked on 31 August 2026.
Keeping VAT recordsCorrect errors in a VAT Return