DOMESTIC VAT RECOVERY

Reclaim Domestic VAT on your local business spend to unlock additional revenue.

Are you optimising this huge opportunity for your business?

  • Eligible Travel and Entertainment expenses.

    • Accommodation
    • Parking
    • Meals
    • Professional services
    • Fuel
    • Car rental and taxis
    • Public transport
    • Conferences
    • Training courses and seminars
    • Local purchases of goods
  • Eligible MICE-related expenses.

    • Meetings
    • Incentives
    • Conferencing
    • Exhibitions

     

  • Non travel related invoices.

    • Supplier invoices related to domestic / local spend such as office stationery or office canteen supplies.
    • Eligible Accounts Payable (AP) spend

Countries with a backdated domestic VAT mechanism

European

  • European
  • North and South America
  • Middle Eastern
  • Asian and Oceania
  • European
  • North and South America
  • Middle Eastern
  • Asian and Oceania
  • Austria
    Austria
    2 years and 6 months
  • Belgium
    Belgium
    3 years
  • Bulgaria
    Bulgaria
    1 year
  • Croatia
    Croatia
    3 years
  • Cyprus
    Cyprus
    3 years
  • Philippines
    Czech Republic
    3 years
  • Denmark
    Denmark
    3 years
  • Estonia
    Estonia
    3 years
  • Finland
    Finland
    3 years
  • France
    France
    2 years
  • Germany
    Germany
    4 years
  • Greece
    Greece
    5 years
  • Hungary
    Hungary
    5 years
  • Ireland
    Ireland
    4 years
  • Italy
    Italy
    4 months from tax year end
  • Latvia
    3 years
  • Lichtenstein
    Liechtenstein
    5 years
  • Lithuania
    Lithuania
    3 years
  • Luxembourg
    Luxembourg
    3 years
  • Malta
    Malta
    5 years
  • Netherlands
    Netherlands
    5 years
  • Norway
    Norway
    3 years
  • Poland
    Poland
    5 years
  • Portugal
    Portugal
    2 years
  • Romania
    Romania
    5 years
  • Serbia
    Serbia
    5 years
  • Slovakia
    Slovakia
    5 years
  • Slovenia
    Slovenia
    1 year
  • Spain
    Spain
    4 years
  • Sweden
    Sweden
    5 years
  • Switzerland
    Switzerland
    5 years
  • UK
    United Kingdom
    4 years
  • Argentina
    Argentina
    4 years
  • Bolivia
    Bolivia
    8 years
  • Canada
    Canada
    4 years
  • Chile
    Chile
    3 years
  • Columbia
    Columbia
    2 years
  • Costa-Rica
    Costa Rica
    4 years
  • Ecuador
    Ecuador
    5 years
  • Guatemala
    Guatemala
    3 months
  • Mexico
    Mexico
    5 years
  • Peru
    Peru
    12 months
  • Uruguay
    Uruguay
    4 years
  • India
    India
    9 months
  • Kingdom-Saudi-Arabia
    Kingdom Saudi Arabia
    5 years
  • Turkey
    Turkey
    Current year
  • United-Arab-Emirates
    United Arab Emirates
    5 years
  • Australia
    Australia
    4 years
  • China
    China
    No time limit
  • Indonesia
    Indonesia
    2 years
  • Japan
    Japan
    4 months from year end
  • New-Zealand
    New Zealand
    2 years
  • Philippines
    Philippines
    1 year
  • Russia
    Russia
    3 years
  • Singapore
    Singapore
    5 years
  • South-Korea
    South Korea
    5 years
  • Taiwan
    Taiwan
    10 years
  • Thailand
    Thailand
    3 years

The challenge of reclaiming local VAT

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:

  • VAT was deducted but not valid, therefore non-compliant with Tax Office laws
  • VAT was incorrectly deducted and thus ineligible, resulting in companies reclaiming a high amount of ineligible VAT
  • VAT that was eligible, was not deducted resulting in a loss in the reclaim for the company
  • All smaller expenses were missed as they were regarded as too difficult to reclaim on or the company didn’t have enough resources to manage the high amount of these small transactions

Work with Taxback International

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.

  • Taxback International will provide you with a free sample analysis, which will highlight where we identify missed Domestic VAT reclaim opportunities within your VAT process.
  • We integrate with all Expense Management Systems meaning there is no IT implementation needed.
  • We do all of the analysis, preparation and provide your report in the style required by your local tax office for inclusion in your local VAT return.