Foreign VAT recovery is a simple way to inject money back into your company by recovering VAT paid for foreign business Travel & Entertainment expenses incurred by employees.
Taxback International makes this process easy with VATConnect.
Foreign VAT Reclaim, also known as Foreign VAT Recovery, refers to the process of obtaining refunds from overseas tax authorities on Travel & Entertainment (T&E) expenses incurred by employees during foreign business travel. Eligible expenses cover a range of categories including:
Refunds can also be claimed on Accounts Payable (AP) invoices including tooling, premises rental, professional services, supply and installations.
Diverse deadlines, regulations, and administrative practices can be daunting. VATConnect overcomes all these challenges.
With VATConnect, you’ll never miss a VAT refund window again. Seamlessly integrating with your ERP, VATConnect not only streamlines the reclaim process but also supports all international tax requirements, so it works wherever your company works. Reduce risk, optimizes your annual reclaims and say goodbye to underclaims caused by lack of expertise or resources.
At Taxback International, we’ve grown into a world leader in VAT (Value Added Tax) compliance, reclaim, and consultancy. Combining innovative technology, deep industry expertise, and value-added partnerships, we deliver comprehensive VAT solutions for our clients.
Our team of real VAT experts assists organisations with VAT management in all countries where VAT obligations exist. Whether it’s reclaiming VAT, ensuring compliance, or strategic consultancy, Taxback International is your trusted partner every step of the way.