As businesses expand across borders, they are met with challenges around global VAT compliance. Tax authorities continue to introduce new reporting requirements, while regulatory expectations grow more demanding. At the same time, finance and tax teams are expected to maintain accuracy, reduce risk and meet critical filing deadlines.
Comply helps organisations simplify and connect their VAT compliance processes. By bringing together compliance workflows, data transformation, expert support and payments capabilities, it gives businesses greater visibility, control and confidence across global VAT operations
What are the ten most common VAT compliance issues?
Drawing on over 25 years of VAT compliance and consultancy experience, we’ve identified the ten most common challenges that organisations encounter again and again. Here’s how Comply helps addresss them. Â
1. Missed VAT compliance deadlinesÂ
Keeping track of filing deadlines across multiple jurisdictions can be difficult. Comply provides a centralised global dashboard with clear status indicators and automated alerts, helping teams stay on top of upcoming obligation and reduce the risk of penalties by ensuring prompt payment to tax offices via our embedded payments solution, Pay.
2. Keeping pace with regulatory change
VAT rules and reporting requirements continue to evolve across jurisdictions. Comply combines technology with specialist VAT expertise, helping organisations stay informed of regulatory changes and maintain confidence in their compliance processes across multiple countries.
3. Managing multiple regional service providers
Working with different advisers in different regions can create inconsistency, reduce visibility and increase costs.
Comply provides a connected approach to VAT compliance, helping organisations gain greater oversight while streamlining operations across jurisdictions.
4. Time-consuming VAT compliance processesÂ
Manual preparation, validation and submission activities consume valuable time and increase the risk of errors. Comply automates key compliance workflows, reducing repetitive administrative work and allowing teams to focus on higher-value activities.
5. Entering new markets means new VAT compliance challenges
Growth often brings new tax obligations, reporting requirements and compliance risks. Designed to scale alongside your business, Comply supports organisations operating across multiple jurisdictions, helping them manage compliance requirements more efficiently as they expand.
6. Disconnected internal business entities and processes
When different business entities operate independently, maintaining consistency across VAT compliance activities can be challenging. Comply provides real-time visibility for key stakeholders, enabling greater collaboration, standardisation and control across global operations.
7. Errors and anomalies need drawn-out investigation and fixes
Identifying and resolving compliance issues can be a lengthy process, particularly when data is spread across multiple systems. Comply helps surface anomalies earlier and provides a structured workflow for managing and resolving exceptions more efficiently.
8. Regional tax offices depend on multiple contact points
Managing communications and reporting obligations with numerous tax authorities can create significant administrative overhead.
Through a coordinated compliance approach, businesses gain greater visibility over filings and reporting activities across jurisdictions.
9. Fragmented data limits insight
Tax and finance data often exists across multiple ERP systems, expense platforms and legacy applications, making analysis difficult.
Comply brings data together into a centralised repository, helping organisations improve reporting, forecasting and compliance visibility through better-quality data.
10. Disconnected systems hinder payment processes
When compliance and payment systems are not connected, reconciliation becomes more complex and payment risks can increase. Comply integrates with existing business systems to support more streamlined compliance workflows and improve data consistency throughout the process.
Comply – Connected VAT Compliance from preparation to payment
Comply is transforming how organisations manage VAT compliance by bringing preparation, validation, approval, filing and payment processes together within one connected platform.
Built on decades of VAT expertise and powered by intelligent technology, Comply helps businesses simplify complex compliance activities, improve visibility and reduce manual effort.
The platform supports VAT returns, Intrastat reporting and EC Sales List filings while providing a connected framework for managing obligations across multiple jurisdictions.
Comply also includes embedded payment capabilities that help organisations manage tax authority payments and reconciliations more efficiently, providing greater control over the end-to-end compliance process.
Whether you’re managing compliance in one country or across a global operation, Comply helps create a more connected, scalable and future-ready approach to VAT compliance. Book a free demonstration with one of our VAT experts and discover how connected compliance can help your organisation gain greater visibility, control and confidence.
