No win no fee opportunity to reclaim foreign VAT is just the ticket
If you aren’t going abroad this year for financial reasons, TaxTalk might just be giving you an unexpected opportunity to get out into the sunshine. It could be possible to reclaim VAT paid out on overseas business activities and this extra windfall might mean the extra you need for that trip to the sunshine – genuine business related trips only mind!
Provided you have incurred foreign EC VAT on travels overseas; or maybe you have received invoices from an EC supplier and they’ve charged you foreign VAT? In either of these instances you could be eligible to reclaim.
This opportunity is often overlooked by business owners because many do not fully understand the VAT regulations, which are notoriously complex. Although it is not possible to claim foreign VAT back on your VAT Return, there are other ways to get back this VAT and, in doing so improve your bottom line? Additionally, if you are aware of a non-EU business incurring VAT in the EC, there may be a way to get this back too!
There is a deadline attached to this opportunity and initial claims need to be submitted by 30th September. If you think you might be able to pursue a claim, get in touch with us at TaxTalk.
In most cases we can do a no win no fee - so if you do not get anything back you do not have to pay us. What have you got to lose?