Domestic VAT reclaim the process of recovering your company’s local Value Added Tax incurred on local business travel expenses and some other non-travel-related expenses such as Office stationery and supplies booked through employee expense claims. This Domestic VAT is reclaimable in line periodically with your domestic filing timeline. The statute of limitations within the EU/Europe is, on average, four years, which can result in a sizable financial gain.
Over fifty percent of companies fail to maximise their VAT savings on domestic T&E expenditure. There are many reasons why this happens, but most commonly, it is due to a lack of expertise on T&E deductibility, time and internal resources.
Our Domestic VAT Recovery experts will assess your Domestic VAT process at no cost to your company. We will provide an analysis, including an overview of how we can optimise your Domestic VAT reclaim opportunities with a guaranteed return on your investment with our services.
Accommodation | Parking | Professional services |
Taxis | Car rental | Bus & train transport |
Vehicle fuel | Meals |
We work to make these assignments seamless and transparent for you and your team. Not every jurisdiction is the same, so we understand the nuisances of each country and the different mechanisms and processes for recovering historic domestic VAT, working towards a real-time reporting model. Our system and technology are built to detect errors and missed opportunities, which our clients utilise to improve expense management internal processes and procedures. Our team and systems integrate with all standard accounting management systems, which are designed to have little or no requirement for your staff resources.
Our success is based on the successful recovery of your domestic VAT. There is no upfront payment as our fee is based on an agreed percentage of the amount of VAT we recover for your company.