Reclaim your return VAT refund
I am a registered company in the UK VAT how do I recover the VAT on expenses incurred in Europe.
How to recover VAT refunds on purchases abroad of VAT in the European Community for Community and non-Community firms.
Under the Thirteenth VAT Directive 86 560 EEC companies in the United Kingdom in other countries of the Community visit are able to claim VAT refunds of VAT incurred in these countries.
For a company in the United Kingdom registered the request is made online, via Login to HMRC HMRC VAT services the door of government input, go to the VAT Service and scroll down to see refunds EU VAT.
If the company has an agent, the agent is required to obtain permission to go online for their client, then it can access the service.
An application separate line is required for each Member State in which an application must be made.
The repayment period should not exceed one calendar year or less than three calendar months unless the period represents the remainder of the calendar year following the submission of an application that covers the first part of the year.
Applications must be made before 30 September following the calendar year that VAT is charged.
The Member States have their own specific requirements; details can be obtained from the relevant tax authority.
400 euros if a claim covers a period of more than three months but less than a year.
50 euro if the request is for an entire year or the rest of the year to say where a claim covers the entire period between the end of an earlier request and the end of the year.
You are not subject to VAT in the EU countries and do not have to be or can t be saved.
You do not have a facility or another residence.
They transit services for international freight transport.
A company can claim the VAT on goods and services purchased during the repayment period, and VAT on imported goods in the United Kingdom during the repayment period.
This has been incorrectly charged, or when VAT was responsible for shipping the goods to another Member State or export of goods outside the EU.
On goods and services used for business entertainment, as an exception, VAT on entertainment for customers overseas can be recovered, but only if it is very basic in nature.
On goods and services used for non-commercial activities.
Only 50 of the total invoiced VAT can be claimed for hiring or renting a car.
The nature of the goods and services acquired shall be described in the following expense codes.
5 Travel expenses such as taxi fares, tariffs for transportation.
9 luxuries, entertainment and entertainment.
Many Member States require sub-codes in addition to key codes listed above, and if necessary, the sub-code appears in completion options on the electronic portal When code 10 is used without subcode accompanying a narrative description of the goods or services must be entered in a free text box, using the language compulsory by the member State of refund.
If an invoice includes items covering more than spending a code of the code on the highest proportion of spending is one that should be used.
Currency of Payment of the EU VAT requires all invoices entered on VAT refund requests must be expressed in the currency of the refunding Member State or the request will be rejected by that Member State If a request is member States where the euro is not the national currency and a company invoices which are in euros, they must be converted the exchange rate used should be as at the date of the invoice provided by the ECB European Central Bank.
How to reclaim VAT on business expenditure in the EU, Reclaim business, expenses, claims covers all.