Commentary

V5.203 The responsibilities of auditors in relation to VAT

Part V5 Compliance, enforcement and appeals

V5.203 The responsibilities of auditors in relation to VAT

V5.203 The responsibilities of auditors in relation to VAT

The duties and responsibilities of auditors arise under statute1 or, in the case of audits not regulated by statute, under arrangements made between client and auditor. Where a business is subject to an independent audit, the VAT account and related records would normally be included in the scope of the auditors' work as part of the overall accountancy system.

However, HMRC does not require auditors to make a specific reference to the value added tax records in their report.

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