A COMPREHENSIVE APPROACH TO THE CONTROL OF VAT CALCULATIONS IN THE TAX PLANNING SYSTEM AT THE ENTERPRISE

Abstract

The article is devoted to the implementation and improvement of tax planning at the enterprise in order to optimize the payment of value added tax (VAT) in the conditions of dynamic legislative changes. The impact of VAT on the financial and economic activity of the enterprise is considered. Some issues of the organization of accounting and reporting of VAT by the business entity, regulatory and legislative regulation, factors affecting the mechanism of VAT settlement to the budget were studied. The components of the analysis of the company's information tax base were analyzed and systematized. Approaches to understanding the concept of "tax planning" in the scientific literature were studied and a generalized definition was formulated. The expediency of applying tax planning at the enterprise is revealed. The essence and main functions of tax planning are determined. Tax planning methods for reducing the tax burden from VAT are outlined and the need to use them in order to optimize tax payments is emphasized. In the scientific literature, a lot of attention is devoted to the issue of tax planning, there are many different approaches to understanding this concept, purpose, functions, and methods. A significant part of the mentioned problems are complex and debatable. In our opinion, the issue of reducing the tax burden from VAT is not sufficiently disclosed and needs further study. In this regard, the purpose of this article is to investigate the theoretical and practical aspects of tax planning in the context of optimizing the payment of VAT in the context of dynamic legislative changes, to determine methods for reducing the tax burden from VAT and to justify the feasibility and effectiveness of their application. The following methods were used during the scientific research: analysis, synthesis, comparison, grouping, modeling, systematic approach, methods of induction and deduction, generalization, methods of economic analysis and others. As a result of the conducted research, we concluded that a comprehensive approach to the control of VAT payments will improve the financial condition of the enterprise, minimize the risks of significant violations and the appropriate application of financial sanctions. Therefore, the introduction of tax planning techniques based on an integrated approach into the management system of enterprises will reduce the tax risk when making management decisions and contribute to the effective further development of the enterprise. The perspective of further research in this direction is the analysis of the efficiency of the application of VAT tax liability optimization schemes.