|
|
| ::FEXCO VAT Refunds :: Intro to VAT Recovery |
|
|
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
recovery.
Potential VAT recovery amounts are determined by the number
of business travellers in your company, the countries visited,
locations of conferences and exhibitions and your travel spend.
Your FEXCO account manager will advise on eligibility and will
guide you through the initial steps to start reclaim procedures -
then FEXCO will do the rest! FEXCO will obtain your foreign VAT
refunds for your company and will charge you on the amount
recovered only.
Should you require it, FEXCO will prepare a schedule of your
Domestic VAT too. FEXCO invoices you for the schedule preparation
and your company claims through its VAT returns and receives
the domestic VAT refund directly.
|
|
|
|
