VAT & Invoice Risk Assessment
Identify and mitigate potential VAT and invoice compliance risks
Overall VAT Risk Assessment
Summary of your VAT and invoice compliance risk profile
70%
Risk Score
Risk Level:
Medium Risk
Some significant VAT compliance issues need attention to avoid potential penalties.
Key Risk Areas:
- Invoice Management
- MTD Compliance
VAT Compliance
Medium Risk
Risk score: 75%
3 issues identified:
- Late VAT registration risk
- Incorrect VAT rate application
- Missing VAT evidence for zero-rated exports
Invoice Management
High Risk
Risk score: 65%
3 issues identified:
- Non-compliant invoice templates
- Delayed invoice issuance
- Missing purchase invoices
VAT Returns
Medium Risk
Risk score: 80%
2 issues identified:
- Late VAT return submissions
- VAT calculation errors
MTD Compliance
High Risk
Risk score: 60%
2 issues identified:
- Digital links requirement
- Software compatibility