PropertyVest, a commercial landlord, reduced VAT return preparation from 3 hours to 5 minutes with automatic calculations.
PropertyVest manages 30 commercial properties with a mix of standard-rated, exempt, and partially exempt supplies. VAT calculations were complex, with partial exemption method calculations done manually in spreadsheets.
Runox applied the correct VAT treatment per property and tenant automatically. The partial exemption calculation ran automatically each quarter, and the VAT return was generated with one click.
VAT return preparation dropped from 3 hours to 5 minutes. Partial exemption calculations were consistently accurate, eliminating the risk of HMRC penalties. The landlord filed quarterly returns on time every time.
Start your free trial today. No credit card required.
Start Free Trial