Reduced Risk
The long term savings associated with Permitax Corporation are generated through the accuracy of our reporting systems. Our staff has been highly trained in correctly reporting fuel taxes and our management staff has dealt with hundreds of fuel and mileage tax audits.
Our software has been developed internally and is continuously improved with a dedicated IT department.
All of this translates into a reduced risk for your company as we strive to reduce or eliminate any unexpected audit assessments or large cash outlays.
It is important to step back and assess your current system and ask yourself—Is my fuel and mileage tax reporting being done accurately? Will my record keeping systems stand up in audit or will I be assessed large amounts some time in the future? Does my current system find exceptions and correct problems before any tax returns are filed?
The key to withstanding a fuel or mileage tax audit is to ensure you are keeping the proper records and paperwork, your information is as accurate as possible, what you have filed is supportable in audit and you know how to handle the auditors and know what they are looking for. Accuracy can only be obtained through a system of checks and balances such as exceptions highlighting unusually low or high MPG’s, duplicate fuel records, missing (GAP) information, etc. Analysing and correcting problems with your data is key to ensuring you are only paying the taxes you owe – not too much and not too little.
That is what Permitax offers, all included in one per truck per month fee.
|
|
|