Deloitte develops online VAT application
14 October 2016
Deloitte Luxembourg’s indirect tax team launches a free online application which determines a company’s VAT obligations in Luxembourg.
On Tuesday 11 October, Deloitte Luxembourg’s indirect tax team presented the firm’s latest VAT development which goes under the name of eVAT Comfort. This free and user-friendly application openly accessible at Deloitte Luxembourg’s website determines whether or not a company is subject to VAT registration in Luxembourg.
“We developed eVAT Comfort as we see that companies in Luxembourg are struggling to understand their VAT obligations. VAT rules are complex and may be difficult to understand for non-tax professionals,” explains Christian Deglas, who leads the firm’s indirect tax team.
More than a fine
The eVAT Comfort application comes in the form of an online questionnaire. Users are asked to answer a series of questions related to the company form and type of activity, by clicking on possible answers. Based on the replies, the application will determine whether or not the company is subject to VAT registration in Luxembourg.
“A company that does not comply with the applicable VAT rules will be subject to financial penalties. But there are other consequences as well, as a non-compliant company may put its clients and suppliers at risk and thereby jeopardize its commercial relationships,” adds Christian Deglas.
The eVAT Comfort application was presented to an audience of 140 industry professionals at Deloitte Luxembourg’s popular VAT autumn event. The conference also highlighted the latest VAT changes and indirect tax trends, such as the new VAT rules applicable to director’s fees.
Read more on eVAT Comfort here: www.deloitte.com/lu/evat-comfort
Deloitte Luxembourg - Marketing & Communications
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.
Deloitte provides audit, consulting, financial advisory, risk management, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries bringing world-class capabilities, insights, and high-quality service to address clients’ most complex business challenges. To learn more about how Deloitte’s approximately 225,000 professionals make an impact that matters, please connect with us on Facebook, LinkedIn, or Twitter.
About Deloitte in Luxembourg
In Luxembourg, Deloitte consists of 90 partners and over 1,800 employees and is amongst the leading professional service providers on the market. For over 65 years, Deloitte has delivered high added-value services to national and international clients. Our multidisciplinary teams consist of specialists from different sectors and guarantee harmonized quality services to our clients in their field. Deloitte General Services, société à responsabilité limitée, is an affiliate of the Luxembourg member firm of Deloitte Touche Tohmatsu Limited, one of the world’s leading networks of professional services firms.
© 2016 Deloitte Luxembourg.