taxreclaim

Tax Reclaim:

Companies and Organization in today's Global Market which incur business expenses in Europe are realizing the importance on managing the recovering of foreign Value Added Tax (VAT).

You may not be aware your eligibility to reclaim VAT paid on specific business expenses which include: Hotels, Restaurants, Car Rentals, Fuel, and Telecommunication, Trade show & Professional fees…etc

Claiming a refund is simple and effortless; all you need to do is save the original invoices plus the requirements mentioned below and submit to us.

VAT RECLAIM GUIDE

Please note: This table is not exhaustive: some expenses are subject to limitations. Restrictions may apply, depending on the reciprocity rules of the claim country.

Country	Prof. Fees	Petrol	Train	Hotel	Trade Fairs/Conferences/Exhibitions	Car Rental	Meals	Taxi	Telecomm
Austria	20%		10%	10%	20%		10-20%	10%	20%
Belgium	21%	21%	6%		21%			6%	21%
Denmark	25%				25%		25%		25%
Finland	22%		8%	8%	22%		25%	8%	22%
France	19.6%				19.6%				19.6%
Germany	16%				16%				16%
Greece	18%				18%				18%
Ireland	20%				20%				20%
Italy	20%				20%
Luxemburg	15%	12-15%	3%	3%	15%	15%	3%	3%	15%
Netherlands	19%	19%	6%	6%	19%	19%		6%	19%
Portugal	17%				17%				17%
Sweden	25%	25%		12%	25%	12-25%
Spain	16%				7%				18%
UK	17.5%	17.5%		17.5%	17.5%	17.5%	17.5%		17.5%

Basic Requirements for VAT Reclaim:

1. Certificate of Status of Business/Business Person

This form must be completed, signed and stamped by your local chamber of commerce. It certifies that your company is registered for business.
A certificate is required for each country that you wish to claim from.
It is valid for one year from date of issue.

2. Tax Reclaim Application form

3. Original Invoice- As described below:

Name and Address of the Supplier
Supplier's vat registration number
Date of issue of the invoice
Invoice number
Description and price of the service expenses
All invoices for over GBP/EU 250 must carry a VAT Analysis (Vat rate and actual amount of VAT charged)
All invoices must be addressed to the company that is filing the application and company employee
- Tax Authorities require EU 500 for all countries except UK
- UK require 100 GBP as minimum claim amount.

Note carefully: Refunding authorities WILL NOT ACCEPT:

Photocopies of invoices or duplicate copies
Invoices marked "view"
Invoices marked "pro-forma"
Invoices marked "corrected"
Invoices marked "information"
Invoices marked "preliminary"
Invoices marked "copy"
Credit card receipts.