VAT Implementation Project plans
The implementation of a new VAT system places a significant burden on businesses, and a structured approach to managing the impact on your business is essential if a business is to ensure that all the relevant aspects of the new system have been considered properly.
We can assist you with developing a wing to wing project plan to guide your business, staff and various functions on how to manage the impact of VAT. This will cover:
- Advice on resources required for the project
- Conduct GST awareness training among internal stakeholders across the business
- Supply chain analysis
- Accounting and system needs
- General ledger configuration
- Document management production and storage
- Propose a communication programmed with customers and suppliers
- Pricing strategies and Contractual changes
- Registration & compliance
- Submission of returns and payment processes
- Communication with the tax authority to clarify on contentious issues.