Great support
We
contacted LOVAT for help with VAT registration. We are also currently using a
trial subscription to the LOVAT software.
It is still …
Starting at $40 Best option for small sellers and new companies
View PricingOverview
What is LOVAT?
Tax software for VAT/sales tax filing. LOVAT platform collects all tax data across any sales channel and files VAT returns in a minute. Accurate VAT calculation, tax due reminders, automatic filing, free data storing with the real-time support of tax…
Recent Reviews
Popular Features
- Tax Document Management (12)10.0100%
- Geolocation for Tax Assessment (11)9.999%
- Tax Data Reporting (12)9.898%
- VAT / GST Taxes (12)9.898%
Reviewer Pros & Cons
Pricing
Start-Up
40/month
Cloud
Best option for small sellers and new companies
Standard
80/month
Cloud
Most popular option for your VAT Compliance
Premium
500/month
Cloud
Top quality level of VAT Compliance
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://vatcompliance.co/lovat-pricing
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Features
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Product Details
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- Tech Details
- FAQs
What is LOVAT?
Tax software for VAT/sales tax filing.
LOVAT platform collects all tax data across any sales channel and files VAT returns in a minute.
Accurate VAT calculation, tax due reminders, automatic filing, free data storing with the real-time support of tax expert team available.
LOVAT enables the user to register a business for VAT and sales tax purposes in foreign countries where it stores goods or where it is selling products or services.
LOVAT specializes in helping companies to achieve compliance with EPR regulations.
LOVAT Features
Type of tax Features
- Supported: Sales and Use Taxes
- Supported: VAT / GST Taxes
Tax Reporting & Compliance Features
- Supported: Geolocation for Tax Assessment
- Supported: Tax Data Reporting
- Supported: Compliance Administration Management
- Supported: Tax Document Management
Additional Features
- Supported: Extended Producer Responsibility (EPR) registration and reporting
LOVAT Screenshots
LOVAT Video
LOVAT Platform
LOVAT Integrations
LOVAT Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | Europe, Australia, Canada, USA |
| Supported Languages | English, Spanish, Chinese, German |
Comparisons
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Reviews and Ratings
(15)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
- Recommendations
Users of LOVAT have found it to be a valuable solution for streamlining their tax reporting processes. With the software, they no longer need to manually fill out country-specific excel spreadsheets, saving them time and effort. Additionally, LOVAT ensures the accuracy of tax rates and VAT calculations, eliminating any uncertainty in the previous system. Users have praised the platform for its clear video instructions and documentation, which have made tax reporting easy and problem-free.
One of the key use cases of LOVAT is its focus on tax compliance. By using this software, businesses can prevent any state collisions that may occur due to failure to comply with tax laws. The platform is often used by tax departments within companies to track and fulfill their tax obligations on a monthly basis. Moreover, LOVAT is commonly utilized for VAT filing, providing businesses with a reliable mechanism for conducting their operations.
Another notable benefit of LOVAT is its ability to help businesses adhere to tax rules in different countries, ensuring compliance even when operating internationally. The software informs users when they exceed tax thresholds and offers assistance with registration, making the process convenient for businesses expanding into new markets.
LOVAT's automation capabilities are highly appreciated by users as well. The platform automates the entire process of filing tax returns, saving time and ensuring accurate and timely submissions. This eliminates the need for dedicated employees solely responsible for tax management, leading to increased operational efficiency within organizations.
Lastly, LOVAT covers tax obligations in both the EU and the USA, making it suitable for businesses operating in both regions. By fetching sales data from various sources, LOVAT streamlines the tax computation process, further enhancing efficiency.
Overall, LOVAT provides users with a comprehensive solution for managing various aspects of tax reporting and compliance. Its automation features, reliability in calculating taxes accurately across different jurisdictions, and user-friendly interface make it a valuable tool for businesses of all sizes seeking to streamline their tax processes.
Integration with e-stores: Users appreciate the seamless integration of LOVAT with their e-stores, eliminating the need for manual tax data transfer. Several reviewers have mentioned that this integration has made their process faster and more efficient compared to using Excel spreadsheets or uploading data manually.
Convenient tax data management: Many users like that at the end of each month, they can easily access all their tax data in their LOVAT account. This feature is seen as convenient and time-saving by several reviewers.
Flexible field requirements: The ability to make certain fields required and others optional in LOVAT provides flexibility in managing tax data according to different needs. Some users have found this feature beneficial in customizing their tax reporting process.
Difficulty Predicting Departure Address: Some users have found it challenging to set a departure address for each order in order to calculate tax, especially when dealing with goods stored in multiple warehouses.
Overwhelming Tax Settings Section: Several reviewers have mentioned that the tax settings section is overwhelming due to the numerous options available. They wish there were simpler methods, such as setting up fields based on checkboxes.
Steep Learning Curve and Limited Support: Users have expressed that it takes time to learn how to use the software effectively and suggest having a demo call with the support team. Additionally, some users are disappointed that consultation on difficult questions requires an additional fee and that support is only available during working days, which may hinder their progress when facing challenges outside of business hours.
Users commonly recommend LOVAT for the following reasons:
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Following Instructions and Paying Attention to Notifications: Users recommend following the instructions provided by LOVAT and paying attention to their notifications about deadlines. This ensures smooth and efficient tax management for e-commerce businesses.
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Helpful and Caring Support Team: Users appreciate LOVAT's support team, describing them as very helpful and caring about their customers. This provides additional reassurance and assistance when needed.
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Easy Tax Calculation and Efficient Management: Users recommend LOVAT for its easy tax calculation at checkout and professional tax management capabilities. LOVAT simplifies tax routines, allowing users to focus on business development without wasting time on complex tax processes.
Overall, users find LOVAT to be a valuable solution for e-commerce businesses, offering a wide range of services such as VAT registration, consultations, online store integration, and report filing. While users acknowledge that there is room for growth, they suggest trying LOVAT's free trial to determine if it suits specific needs. Additionally, users advise that shifting from an advisory company to LOVAT's software may take up to 3 months and recommend exploring LOVAT's partnership section for tax advisory services if submission services are not required.
Reviews
(1-5 of 5)Companies can't remove reviews or game the system. Here's why
August 11, 2022
Sufficient, Automated and Accurate Tax Computation Platform
Score 10 out of 10
Vetted Review
Verified User
Our company has several branches, worldwide, hence, we need to file sales returns instantly for tax compliance. With the help of LOVAT, the entire process is automated, with accurate tax computations, and this increases the operational efficiency of the firm.The tool has automated most of the tax processes, hence, the business needs no employees to conduct the process. The sales data is well fetched from different sources for efficient tax computation. <br>
- LOVAT has automated the tax processes
- LOVAT allows the integration with several accounting solution for efficiency.
- Accurate and immediate tax computation.
- Nothing disturbing from LOVAT, as all features are automated.
- Further, reports are shared on time, hence, no time complaints.
- The tax solution is convenient and suitable.
95%
9.5
100%
10.0
- Excellent filing of sales returns brings compliance.
- Automation of tax processes saves time and employment costs.
- Global existence ensure the company have branches allover.
Score 10 out of 10
Vetted Review
Verified User
| We use Lovat platform for VAT filing, which is a credible business operation. The software offers clear video instructions. That is very helpful. More so, LOVAT developer issues some documentations for simple learning. I can do my tax reporting without any problems. Lastly, LOVAT focuses on tax compliance, which ensures no state collisions due to failure of accomplishing the set laws. |
- Professional support, with short waiting time for answer
- Free trial period. That helps to test the software before purchase
- Regular updates according to the TAX rules and requirements in different countries
- The support is only in English
- No available support during weekends
- Some search option of a specific transaction would be helpful
95%
9.5
100%
10.0
- Good functionality and regular update of the services.
- This software is a good value for money especially taking into account a not very high price.
- The support team is professional but available only at weekdays.
- For the moment the support language is only English that may cause some inconvenience.
- AccountMate and Vertex
The good pricing and short time of waiting answer from the Lovat team became the striking point when making a choice. More so, Lovat has elaborate VAT procedures for several countries, making the program efficient in many states. The demos or video explanations increase the understanding of the users, more so the new subscribers.
August 24, 2021
Standard, Acceptable, and Correct Taxation Tool
Score 10 out of 10
Vetted Review
Verified User
We have solved the problem of our accountancy department having to dedicate a full time of our accountant in the main office just to fill excel spreadsheets for each country of reporting. We've also solved the problem of being sure that VAT was calculated correctly and tax rates are valid because our previous system didn’t have any automation. We were never sure when the tax rate had changed. We are sure that everything is valid and legally binding with LOVAT.
- I love that we don’t need to send tax transaction data for our sales to LOVAT – it is simply integrated with our e-stores!
- It makes the process so much faster than filling excel spreadsheets or uploading manually. At the end of the month, we simply see all of the data in our LOVAT account.
- Collecting data takes time, and it's a waste of time when we can do it digitally.
- I like that we can make some fields required and some optional and that I can use multiple selling platforms and be sure that I'm getting valid tax data.
- I dislike that you have to have a departure address set for each order to calculate tax. A lot of our goods are stored in several warehouses, and I cannot predict where would be departure address.
- It can also be overwhelming how many options there are when setting up the tax settings section. I wish it were easier to set up fields based on fields being checked with checkboxes.
95%
9.5
97.5%
9.8
- LOVAT is cost friendly, with minimal fee for installation.
- LOVAT fosters tax accuracy, a credible procedure.
- Lastly, LOVAT assists in filing the VAT and other taxation procedures.
| LOVAT is much easier to use and the onboarding process was excellent. More so, LOVAT has a standard of acceptance globally, where some countries like EU and US are included in the set features. Finally, LOVAT has adequate automation, which brings accuracy, and improves state compliance and financial standard policies. |
Score 10 out of 10
Vetted Review
Verified User
We have purchased a subscription for filing tax returns, as this is specialized software for these purposes. You know, it's much easier to purchase a subscription to use the platform than to understand all the tax details yourself.
The subscription cost is incredibly small in terms of our business, and as a result, we get a lot of saved time.
- First of all, this is the pricing, it is really small for such processes even if you want to add any additional services.
- Integration with our web shop directly in the account. All data from our store with few clicks.
- Some processes like uploading of transactions may take extra time, but finally, it's not too much of an average wait time.
- Some features can be done only by LOVAT manager - VAT number activation for example.
100%
10.0
100%
10.0
- I believe that our common business goal is the successful filing of returns in the country where we are registered for VAT. From this point of view, the LOVAT team is doing just great!
Score 10 out of 10
Vetted Review
Verified User
| As we
have our business operating both in the EU and the USA, the solution LOVAT
offers to cover both regions completely suits our needs to overcome our tax
obligations. Also, LOVAT ensures that the entire process required for filing returns is done effectively and on time. Furthermore, LOVAT establishes a learning curve, so individuals understand the general tax policies. |
- Support was nice and helpful during all the steps of setting up everything
- Easy to understand and user-friendly software
- Possibility to file both VAT for EU and sales tax for the U.S.
- Only English, Spanish, and Chinese versions of the software--would be great to add more translations
- The support team is available only during working days
- No search option of specific transaction uploaded to the platform--only by date
100%
10.0
97.5%
9.8
- Great quality product with not expensive pricing helped us cut some of the previous expenses to solve tax obligations
- Was a bit hard to understand how all the features work
- Had to schedule a demo with the support team for the full understanding of everything
The pricing and design along with the features were the factors that caught our attention. LOVAT developer established prices that are easy to acquire, for even small companies, and the product brings some economical aspect, compared to the entire installation amount. Lastly, the flexibility that LOVAT has is incredible and fruitful.