Reminder: Deadline fast approaches for claiming VAT refunds in EU countries

Businesses that have incurred VAT expenses in other EU countries in 2012 have until 30 September 2013 to submit claims for a refund.

Sarah Barron, indirect tax manager at Menzies LLP comments:

“Businesses that have incurred VAT expenses in other EU countries in 2012 have until 30 September 2013 to submit claims for a refund. The EU international VAT refund scheme, historically known as an “8th Directive” claim, allows EU VAT-registered businesses to reclaim VAT on expenses incurred in other EU countries. Claims are subject to local VAT recovery rules and businesses cannot claim EU VAT in their UK VAT return.

“Typical expenses that would bear EU VAT are exhibition or conference fees, local subcontractors’ expenses, hotels, car hire, and subsistence.

“Businesses that have incurred VAT in other EU countries, should consider reviewing their expenses to establish if a claim should be made. The application process is completed online via HMRC’s website.”

Via Reminder: Deadline fast approaches for claiming VAT refunds in EU countries.

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