Are you optimising this huge opportunity for your business?
Businesses incur VAT (Value Added Tax) on domestic or local business travel and other business-related expenses. You can recover this VAT as a direct business expense through your local VAT returns in countries where:
Many countries operate a backdated domestic VAT refund system, allowing for refunds up to 6 years after the expense is charged.
*Subject to deduction rules and restrictions per country.
Â
We work with major global enterprises, and as a first step we complete Domestic VAT Health Checks for companies who are either using a competitor or filing themselves.
Our insights have found that 60% of companies are not making full or correct Domestic VAT submissions.
Four consistent causes emerged:
Domestic VAT reclaim is a major lost opportunity for many companies to easily generate significant revenue. Our insights have found that 60% of companies were not making full or correct domestic VAT returns to their local tax office before working with us.
Understand your businesses’ Domestic VAT refund potential.