VAT RECOVERY SERVICES
VAT can be reclaimed on employee expenses and their travel throughout UK and Europe. However, the qualifying laws and application procedures required are complex and vary from country to country. It is time-consuming to submit applications to the relevant tax authorities, and often language barriers make this even more difficult.
Large volumes of VAT are incurred on foreign supplier invoices where VAT is charged due to the nature of the supply being incurred or where the VAT is incorrectly charged. Tax Reclaim Group has experience in recovering this type of VAT.
The VAT and sales taxes incurred on the purchase of various travel components, including hotels and car rental – which are then sold by tour operators to foreign travellers – are refundable in certain EU countries.
This may come as a surprise to many tour operators in the business of selling international travel packages, who may assume they are governed by the Tour Operator Margin Scheme (TOMS), and therefore are not entitled to input VAT refunds. This is not always the case. There are numerous exceptions to TOMS, depending on the country of travel and the parties to the transaction through which the travel components were purchased and resold.
If your company is involved in the organisation of meetings, incentive travel, conferences or exhibitions/events (MICE), and you provide services to business clients in countries other than your own, you are eligible to claim the VAT charged by your foreign suppliers.
When you engage directly with these suppliers on behalf of your clients, it is likely they will include local VAT charges on their invoices. Fortunately – providing you have invoiced your client for services provided – your company can claim this VAT back via the appropriate refund mechanism.
Over the past several years we have used suppliers in UK and Europe who have almost in all cases included their local VAT on our bills. We scanned and emailed sample of these invoices to Tax Reclaim Group and were shocked to discover the mistakes our suppliers have made. TRG has now helped us recover all the incorrectly charged VAT. Thank you guys
Straight forward approach
Straight forward approach to delivering the quality of service sets TRG apart from other companies who provide similar service. It is also reassuring to know that their VAT recovery service has a no upfront fee policy and is based on the success of vat reclaim.
We initially took advantage of their free invoice analysis service to find out if we had any UK VAT on our regular business visits. We were pleasantly surprised at how much refund we were able to submit our claim for. Needless to say that we immediatley signed up with Tax Reclaim Group LTD and submitted our first ever claim. Thank you guys for all the support and help.
Free invoice analysis
We initially took advantage of their free invoice analysis service to find out if we had any UK VAT on our regular business visits. We were pleasantly surprised at how much tax refund we were able to submit our claim for. Needless to say that we immediatley signed up with Tax Reclaim Group LTD and submitted our first ever claim. Thank you guys for all the support and help.