An in-house accountant and a company lawyer cover a great deal, yet some problems fall outside their remit. An accountant is usually an expert in financial matters, while an in-house lawyer knows employment and corporate law inside out.
Many Ukrainian businesses run into the same ordinary problems: the accountant is on holiday, the lawyer has missed a change in the law, and suddenly the company faces hefty penalties.
What does this mean for the business? Significant financial losses and damage to its reputation. Can it be put right? The answer is simple: the best way to deal with a problem is to prevent it.
If you have questions about taxation and need tax advice, you can book a consultation here.
When should you turn to professionals?
Professional tax advice is needed if:
- you are expecting a tax inspection;
- you have received a tax assessment notice after an inspection and strongly disagree with it;
- penalties have been imposed on you;
- you have missed reporting deadlines;
- you have applied the wrong tax rates;
- your company carries a very heavy tax burden.
There are many more reasons to seek professional legal advice. An in-house lawyer can certainly answer questions, whereas finding a sound solution and representing the company professionally before the tax authority or in court is a harder task that calls for true professionals.
How a tax consultation helps
A legal consultation gives your business practical help with any legal issue.
You can ask your questions and find out how to act in a particular situation and which steps to take.
Taking the law into account and drawing on many years of successful practice, the lawyer will explain how to appeal a tax authority decision and how to prepare for an inspection, and will give you a realistic plan for solving the problem, however complex it is.
As the saying goes, pay your taxes and sleep soundly. In legal terms: get advice from a lawyer and gain confidence that your business is protected.
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