VAT Recovery
Under the 8th and 13th VAT Directives, all EU VAT registered companies are entitled to recover VAT incurred on business expenses in more than 35 countries where they are not established. Non-EU companies can only reclaim in certain countries. The United Kingdom is one such country which will refund VAT to non-EU companies.
In some cases a company would have to register in the EU or other country in order to recover VAT incurred there.
Many companies do not bother to claim VAT on business expenses due to the complexity and bureaucracy involved in the process. The expenses on which VAT is recoverable vary from country to country and VAT laws are constantly changing. Moreover, claims must normally be submitted in the local language. These factors contribute to discouraging many companies from claiming money which is rightfully theirs to reduce costs and improve competitiveness.
Through our extensive network of partners we are able to reclaim VAT in all relevant countries with minimal involvement from the client.
We have particular experience in assisting the Aviation Industry with both VAT and MOT recovery and the Transport Industry with VAT and diesel tax refunds.
Please click here to download our VAT chart
