Because It Is a Distinct, Premium Professional Service

In the day-to-day operations of a business, accounting services are often perceived as a single, unified function. In reality, however, there is a fundamental distinction between routine accounting activities and the management of a tax audit.

Bookkeeping, VAT filings, and other compliance obligations are part of a company’s standard accounting operations. However, when a business applies for a VAT refund or is selected for inspection by the tax authorities, the process moves to a different level. At that point, it is no longer a matter of routine accounting work, but of audit management.

In such cases, the role of the advisor shifts to that of a tax audit support specialist. This involves preparing a comprehensive audit file, conducting detailed reviews of supporting documents, substantiating transactions, communicating with the tax authorities, and often responding to repeated requests for additional information until the process is completed. The scope of this work cannot be determined in advance, as it depends entirely on the requirements of the tax authorities.

For this reason, both internationally and within the Greek market, tax audit support is treated as a separate professional service. It is a high-responsibility service that requires expertise, time, and careful risk management on behalf of the business.

Therefore, it is clear that such services do not fall within the scope of standard accounting fees. They are considered premium services, with separate pricing determined by the extent of the audit, the time required, and the complexity of the case.

Beyond the immediate handling of the process, the proper management of a tax audit creates significant value for a business. The successful completion of audits and VAT refunds strengthens the company’s tax profile, enhances its credibility, and establishes a track record of audited financial periods. This can be a key advantage when seeking financing, forming partnerships, or engaging in future corporate transactions.

In simple terms, a tax audit is not a routine administrative procedure. It is a demanding professional service that protects the business and ensures a proper relationship with the tax authorities. And like any highly specialized service, it is valued according to the responsibility and expertise it entails.

Nikos Karamanos

Economist, Tax Consultant

Ιδρυτής και CFO στην AFS