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| Welcome to Global Tax Reclaim | ||
Examples of Successful Vat RefundsExample 1A multinational, invited Global Tax Reclaim to review foreign travel and business expenses incurred by 6 of its subsidiaries. We were able to recover €320,000 for this client in 4 countries. Refunds ranged from correction of inappropriate charging of VAT by Vendors, to direct rebates from revenue authorities. We have since been requested to reclaim the VAT for the entire group. Example 2A small Irish business, incurred the following costs while sending their export manager to the UK on three occasions last year.
Global Tax Reclaim was successful in reclaiming the total £997 from the UK VAT Authorities. Prior to this, the client did not reclaim VAT as he felt the administration was too burdensome. Since this initial successful claim, Global Tax Reclaim has also managed to recoup VAT for this client in Germany and Netherlands Large amounts of VAT go unclaimed each year, mainly because companies are not aware that they are entitled to reclaim VAT spent outside their own country and also due to the bureaucracy and red tape of Fiscal authorities. Example 3A Birmingham based company, incurred the following costs by their sales team in Germany and the Netherlands
All the above VAT was successfully refunded to the client within 6 months
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Global Tax Reclaim LimitedSuite 1, T. +353 1 458 7460 |