VAT Data Extraction API
Claim 100% of VAT
Typically 30% of VAT paid and documented on receipts goes un-reclaimed. You can fix this for your clients with Itemize. Upload all your clients’ receipts, hotel bills, and even invoices to obtain highly accurate VAT return data. Track 100% of your VAT. In the process you’ll also simplify reporting and reconciliation.
Reduce VAT Bookkeeper Costs and Mistakes
With highly accurate and validated data extraction, Itemize is able to provide all of the data your accountant requires with none of the mistakes typically experienced with manual data entry. Itemize makes your employees more productive and reduces manual data entry costs, all while receiving the VAT data required by law.
Fully Comply with HMRC Requirements
Itemize processes and authenticates documents consistent with HMRC’s requirements for Digitization of Tax. You can migrate your clients from manila folders of fading receipts to a fully compliant digital archive that includes receipt authentication, merchant verification, and other useful compliance attributes to assist in easily obtaining their VAT return.