My clients keep getting audit queries →
DIR audit queries demand transaction-level evidence, rate classification justification, and apportionment workings going back years. CoralLedger builds and maintains a complete audit defense package automatically — so your clients are never scrambling when the letter arrives.
What the DIR Looks for in an Audit
The Department of Inland Revenue scrutinises every element of your VAT position. CoralLedger automatically maintains every document on this list — ready to export at a moment's notice.
Complete Transaction History
Every sale, purchase, and adjustment with VAT amounts — searchable, filterable, and timestamped.
Rate Classification Records
Evidence for how each product or service was classified as 0%, 5%, or 10%, with the supporting rationale.
Apportionment Workings
Period-by-period calculations showing the taxable fraction and deductible Input VAT for mixed-supply businesses.
Filed Return Copies
Copies of every submitted VAT return with the underlying data that generated the figures.
Supporting Documentation
Purchase invoices, tax invoices issued, credit notes, and adjustments linked directly to each transaction.
Seven-Year Record Retention
DIR requires records to be kept for a minimum of seven years. CoralLedger retains them automatically.
7-Year Audit Trails. Immutable. Verified.
CoralLedger's hash-chain verification creates a cryptographic fingerprint for every transaction. No record can be altered — and the DIR can see that clearly.
Immutable Hash-Chain
Each transaction is cryptographically linked to the one before it. Any attempt to alter a record breaks the chain — creating an instant, auditable anomaly.
Seven Years, Automatically
Records are retained and indexed for the full seven-year DIR requirement. No manual archiving, no lost spreadsheets, no gaps in the timeline.
Export-Ready Anytime
Generate a complete, timestamped audit package for any period in seconds — structured exactly the way DIR auditors expect to receive it.
Forensic Data Trails — Not Guesswork
A strong audit defense is built on evidence, not explanations. CoralLedger gives you the forensic data trails that demonstrate compliance before the auditor asks a second question.
Every Decision Documented
Rate classifications, apportionment elections, and return amendments are all logged with timestamps and the user who made them. You can show exactly why every figure appears the way it does.
End-to-End Transaction Linkage
From raw POS receipt to filed VAT return — every figure traces back to its source document. The DIR can follow the chain from return line to individual transaction without a single gap.
Pattern Analysis Built In
CoralLedger flags statistical anomalies in your data before an auditor does — giving you the opportunity to review and annotate unusual periods before they become audit findings.
Multi-Client Audit Readiness
Accounting firms can review the audit-readiness score for every client from one dashboard — and generate a complete defense package for any client in seconds, not days.
Your Clients Deserve a Strong Audit Defense
Join the free beta — full access through September 2026. Your clients' forensic audit trails start building the moment you connect.