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The global nature of today's business environment gives rise to increasing travel costs for the majority of companies. Value Added Tax (VAT) is paid up-front on almost all essential business expenses and can account for as much as 25% of the company travel budget. It is, therefore, imperative that every company puts procedures in place to facilitate VAT Refund.
Potential VAT Refund amounts are determined by the number of business travellers in your company, the countries visits, locations of conferences and exhibitions and your travel spendings. Your VAT Mart account manager will advise on eligibility and will guide you through the initial steps to start reclaim procedures - then VAT Mart will do the rest! VAT Mart will obtain your foreign VAT refunds for your company and will charge you on the amount recovered with good value.
Should you require it, VAT Mart will prepare a schedule of your domestic VAT system too. VAT Mart invoices you for the schedule preparation and your company claims through its VAT returns and receives the domestic VAT refund directly. |
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