ATAF Value Added Tax Audit publication

This publication Value-Added Tax (VAT) Audit: Summary of Considerations and Activities by the African Tax Administrator’s Forum (ATAF) Tax Programmes Department observes that proper planning and execution of VAT audits are likely to increase VAT revenue collections. ATAF defines a VAT audit as “a planned and documented activity
performed by tax officials to determine through in-depth review and examination:
a. the adequacy of the books and records kept by the taxpayer.
b. whether VAT has properly been computed and remitted to the Revenue Authority” (2021:6).

The report aims to assist tax auditors to understand the factors and activities which influence the effectiveness of a VAT audit. To read the full report, please click here.

ATAF (2021) Value-added tax (VAT) audit: summary of considerations and activities, Technical Committee on VAT publication series.