In the current climate of increasing reporting and compliance requirements, companies that perform taxable transactions must be able to demonstrate a high level of control of their tax-related data.
Do you report EU sales and purchases with VAT to multiple customers, co-contractors and suppliers on a pan-European level? Or do you operate a shared service centre to fulfil VAT obligations on a central level?
You need the right tools in place to ensure the accurate and systematic treatment of your tax data.
Streamline your VAT processes and improve control of your data with RoboVAT, PwC’s user-friendly cloud computing solution. Our bespoke secure and privacy-compliant tool can generate measurable cost savings and time gains via automation.
RoboVAT 1.0 helps your organisation comply with the 2020 quick fixes to the EU VAT system introduced by the European Council, i.e. to have valid EU VAT ID numbers on invoices that apply the EU VAT exemption for cross-border supplies.
In case of an invalid VAT ID number, RovoVAT 2.0 helps with a suggestion of the correct VAT ID number for your business partner.