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VAT Recovery

Are you leaving money behind on your European trips?
If you operate within Europe you know that the diesel and other business expenses you incur for your trips include VAT, at a minimum rate of 15% You may not know that British VAT registered businesses are entitled to reclaim much of the VAT paid to European suppliers in connection with such trips. The process of reclaiming involves submitting properly prepared claim forms to each national tax authority and may involve dealing with queries from the authorities, in their own language.

How can the ITS Group help?
ITS, through our Quipsound VAT Recovery Service, in association with the RHA, have been helping businesses recover their European VAT for over 25 years.

Quipsound will recover your VAT efficiently and cost effectively. If you use our other services, the invoices with foreign VAT are passed internally to Quipsound for recovery, and you are sent a copy, significantly reducing the time to recover. For many countries, Quipsound will help to improve your cash flow, by refunding your VAT immediately, rather than wait for up to a year or more taken by many tax offices.

Reporting
To help you keep on top of the refunds due to you, Quipsound will provide you with email alerts when claims are made and accepted, and access to all your claim information on-line 24/7.

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