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Archive for 'Vat Rebate'

Reclaim Foreign VAT

Reclaiming foreign vat is not a problem, generally, it seems that most companies either don’t think it is worth while or don’t know that they can. It has been estimated that around 80% of foreign VAT remains unclaimed. that is a huge amount going to revenue services throughout the European Union that should […]

Reclaiming Vat

In Europe on the doors of many shops is possible to see a badge “tax-free for tourists”. It means that having done shopping in such a shop, you can essentially save money. The system of “tax-free shopping ” (TFS) is based on that in the European Union exist established rule: if you constantly live outside […]

What is Vat?

Vat or goods and services tax (GST), is tax on exchanges. It is levied on the added value that results from each exchange. It differs from a sales tax because a sales tax is levied on the total value of the exchange. For this reason, a VAT is neutral with respect to the number of […]