Foreign VAT refunds ― obtaining refunds from EU member states

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This note covers the procedure that needs to be followed in order to recover VAT incurred in EU member states from 1 January 2021.

It should be noted that the rules for recovering input tax incurred in member states is complex and as a result many businesses make a decision to engage the services of a third-party business to complete and submit claims on their behalf.

For information about the VAT rules in each EU country please refer to the VAT in the EU guidance note.

See the Foreign VAT refunds ― refunds of UK VAT to overseas businesses (from 1 January 2021) guidance note for more details of recovering UK VAT.

Can UK companies recover VAT incurred in the EU?

The EU has a VAT refund mechanism for businesses established outside of the EU to recover EU VAT. The procedure is called the 13th Directive refund procedure.

The main issue with making 13th Directive refunds is the fact that the procedure and requirements differ in each member

Continue reading

To read the full Guidance note, register for a free trial of Tolley+™

TAKE A FREE TRIAL

Popular Articles

Personal Tax

Income tax losses ― overview

Income tax losses ― overviewIncome tax losses can arise due to a number of reasons, but not all losses can be relieved against total income and some losses can only be set against certain types of component income. The table below is a summary of the main reliefs for income tax losses.Summary of

04 Mar 2021 12:19 | Produced by Tolley Read more

Corporation Tax

Indexation allowance and rebasing

Indexation allowance and rebasingThis guidance note explains the general rules surrounding the availability of indexation allowance (which was frozen at December 2017) on the disposal of company assets and provides information on the rebasing rules for assets held on 31 March 1982. For an overview

14 Jul 2020 11:59 | Produced by Tolley in association with Jackie Barker of Wells Associates Read more

Personal Tax

Interest and penalties on late paid tax under self assessment

Interest and penalties on late paid tax under self assessmentInterestIf the capital gains tax, the balancing payment or payments on account of tax and / or Class 4 national insurance contributions (NIC) are paid late, HMRC will charge interest on the amount overdue from the original due date. The

14 Jul 2020 12:00 | Produced by Tolley Read more

��Ƶ