This engagement or service is offered to those corporations considered as PEZA or BOI registered company, most of these company has an accumulated amount of unused input vat improperly charged by its local suppliers.
This accumulated unused input tax may claim as vat refund from the BIR, if the claim is successful BIR will issue a cheque to the PEZA or BOI registered company for the amount of unused input tax. As additional option the company may choose to claim it as tax credit instead of cheque.
Included in this service also, are the refund claim for the erroneous tax payment and accumulated unused income tax credit withheld by the company’s customers, either the company is corporation or individual.