http://www.thevatteam.com Vat Help from Global Tax Reclaim Sun, 27 Apr 2008 09:54:40 +0000 http://backend.userland.com/rss092 en Keep a record of all transactions. Sales turnover is the amount the business earns before deducting business expenses including receipts of any kind for goods sold or work done such as commission, tips, payments in kind, fees and insurance proceeds. Sales of fixed assets are excluded from sales turnover as are ... http://www.thevatteam.com/2008/01/14/vat-and-tax-for-the-self-employed/ VAT compliance on an International basis can be a complicated thing to deal with, since VAT on certain things might be higher or lower than others. In some countries, VAT is charged on food, while in others it is not. Do you know which category your home country falls under? ... http://www.thevatteam.com/2008/01/09/international-vat-compliance/ 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 ... http://www.thevatteam.com/2007/12/12/reclaim-foreign-vat/ Part of Finance Minister Brian Cowen's 2008 budget speech, is to simplify the rules for VAT on property, while ensuring more equitable treatment for taxpayers. The new rules are designed to be broadly revenue neutral. The current rules for VAT on property transactions tax the ... http://www.thevatteam.com/2007/12/08/changes-in-irish-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: ... http://www.thevatteam.com/2007/12/05/reclaiming-vat/ It has been proposed that from April 1st 2010 there will be two charges of VAT on goods and services in India.  Currently in most European countries businesses collect and pay VAT only to one source and many companies find VAT accounting onerous already, especially small businesses. But imagine collecting two ... http://www.thevatteam.com/2007/11/29/indian-vat-changes/ If you or your company does business in Europe, you should be aware that you are entitled to reclaim the VAT charged on certain services you incur. These services include employee travel and relocation costs, vendor expenses like inter company charges, exhibition and marketing costs, telephone and communication charges, and ... http://www.thevatteam.com/2007/11/21/vat-reclaim-service/ 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 ... http://www.thevatteam.com/2007/11/17/what-is-vat/