Search results

53 results:
  • Aviation

    Sales tax can add 15% to 25% to all aviation-related expenses. In most cases, this is reclaimable if you are a commercial aircraft operator. The same goes for the often considerable Mineral Oil Tax charge levied on your jet fuel purchases. Add to this the hugely complex business of aviation tax compliance, and it’s clear you need the help of specialists.
  • Our Technology

    VAT IT is proud to have built the best technology in the business.

    This includes our industry-first VAT Cloud – the world’s most technologically advanced software application for fully automated foreign sales tax recovery and compliance. The VAT Cloud is supported by the very latest in optical character recognition (OCR) technology, which allows us to capture and read reams of invoice data in milliseconds. And VAT IT’s state-of-the-art reporting tools allow you to keep track of your tax recovery process in real-time.
  • VAT Recovery

    VAT IT offers a full, end-to-end foreign sales tax recovery solution for expenses related to business travel, import tax and fuel, as well as specialised recovery services for the MICE, telecommunications, commercial aviation and tour operator industries.

    VAT IT also provides specialised services and products that dramatically increase your reclaim opportunities. Our VAT Concierge™ service is dedicated to obtaining original supplier invoices when only copies are available, and to reformatting and reissuing invoices when required; our Discovery team reviews accounts with key suppliers and retrieves missing invoices; and our processing centre assesses every invoice to ensure tax was charged correctly.

    And with VAT IT’s industry-leading technology – including our world-first VAT Cloud – you can be assured of maximum indirect tax recovery and minimal effort.
  • Business Travel

    Foreign sales tax can be reclaimed on employee expenses and their travel throughout Europe, Canada, Australia, South Korea, New Zealand and Taiwan. However, the qualifying laws and application procedures required are elaborate and vary from region to region. It is time-consuming to submit applications to the relevant tax authorities, and often language barriers make this even more difficult. Add to this the fact that, in order to get the full tax rebate benefit, companies need to devote significant time, money and human capital, and it’s clear you need the help of specialists.
  • Supplier Invoices

    Large amounts of tax are incurred on foreign supplier invoices where sales tax is charged due to the nature of the supply being incurred or where the tax is incorrectly charged. VAT IT has spent years researching and understanding the categories of supplies that incur this type of tax.
  • Import VAT

    Whether you are in telecommunications, pharmaceuticals, mining or manufacturing – if your company has shipped equipment DDP* to foreign countries, you have been incurring significant foreign tax charges. This can include import tax, tax on foreign purchase of equipment, and tax on colocation* costs. Fortunately, VAT IT specialises in the recovery of all of these taxes.

    * See FAQs below.
  • MICE

    If your company is involved in the organisation of meetings, incentive travel, conferences or exhibitions/events (MICE), and you provide services to business clients in countries other than your own, you are eligible to claim the sales tax charged by your foreign suppliers. When you engage directly with these suppliers on behalf of your clients, it is likely they will include local sales tax charges on their invoices. Fortunately – providing you have invoiced your client for services provided – your company can claim this tax back via the appropriate refund mechanism.
  • Tour Operators

    The sales tax and other taxes incurred on the purchase of various travel components, including hotels and car rental – which are then sold by tour operators to foreign travellers – are refundable in certain EU countries.

    This may come as a surprise to many tour operators in the business of selling international travel packages, who may assume they are governed by the Tour Operator Margin Scheme (TOMS), and therefore are not entitled to input tax refunds. This is not always the case. There are numerous exceptions to TOMS, depending on the country of travel and the parties to the transaction through which the travel components were purchased and resold.
  • Compliance and Registration

    VCE is a multinational tax specialist firm and the industry leader in outsourced tax management solutions.

    We understand that your business demands the highest levels of professional service when dealing with complex cross-border tax compliance issues.

    Drawing on an infrastructure of 27 offices worldwide and over 250 multilingual employees, we service in excess of 8 000 clients around the globe. Combining our knowledge, resources and extensive experience in the tax industry means VCE is able to offer the most comprehensive outsourced tax solution around.

    Our core service relates to the management of foreign tax registrations and associated compliance issues – all offered through a "one-stop shop" service.
  • VAT Consultancy

    VCE’s one-stop solution is delivered by a brilliant team of international tax experts, led by consultants who make it their job to understand the intricacies of your business.
  • Export Compliance

    Compliance and tax-related issues surrounding international DDP shipments of equipment are extremely challenging. The expertise required is usually cost prohibitive for forwarders and equipment vendors to have in-house.

    TecEx integrates the critical components of a successful international DDP shipment into an offering that is an industry first. Our three key products will ensure hassle-free, customs-compliant and tax-efficient shipments to all international destinations. Powered by VAT IT, TecEx is represented by wholly owned branch offices in 27 destinations worldwide.
  • DDP Shipping

    TecEx integrates the critical components of a successful international DDP shipment into an offering that is
    an industry first.

    TecEx In-house is a customisable outsourced logistics service that provides a turnkey solution for all international DDP shipping requirements. Your TecEx In-house logistics team will complement your core business and seamlessly provide customs-compliant, hassle-free international DDP shipping at a fraction
    of the cost.
  • Import VAT within Data Centre Services

    TecEx’s specialist data centre logistics service will allow your company to ship network equipment (servers, routers, network switches, etc) hassle-free and tax efficiently, delivered duty paid (DDP) into any data centre around the world. With our unique positioning as an indirect Cisco Channel Partner, and strategic partnerships with colocation providers such as Telecity data centres, we are able to provide innovative supply chain solutions for all data centre logistics requirements.
  • Grants and Incentives

    German companies qualify for a variety of Government incentives. In order to secure those, it is necessary to submit an application to the relevant funding agency. You can maximize your chances to obtain public funding by identifying the right subsidy for your investments and optimizing the content of your application.

    VATit takes care of the whole application process on your behalf, letting you focus on your business.
  • R&D Incentives

    A number of incentives are available to help you maximise the return on investment in R&D. These incentives are not necessarily mutually exclusive. We will work with you to identify which incentive is the most appropriate for your unique situation.
  • Investment Incentives

    Various governments from around the world provide different forms of funding to assist manufacturing, mining and engineering concerns. These incentives can range from cash grants to tax incentives and are there to assist and enhance companies, create jobs and essentially contribute in a positive way to the country’s economy.
  • Dividends Withholding Tax

    Cut through the clutter and recover up to 35% of tax charged on foreign dividends with VAT IT’s dedicated Dividends Withholding division.
  • VAT Cloud

    Cutting-edge technology in the form of our industry-first VAT Cloud™ solution automatically connects your expense management system to the relevant tax portals, in accordance with EU Refund Directive VAT reclaim legislation.
  • Computer Vision

    We firmly believe that it’s the development of our OCR technology, together with the VAT Cloud, that sets us apart. These two technologies provide an automated seamless VAT recovery solution. Optical character recognition allows us to cleanse raw data by extracting exact data fields off source documents. It also allows us to greatly enhance the speed of document processing and reduce human error.
  • Report Site

    Track your claims process from a high level perspective right down to the finest level of invoice detail, with click-through technology that makes it simple to navigate the indirect tax recovery process.