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How VAT reclaim may benefit your company’s finances in times of economic downturn

Vat Reclaim 4 minutes reading

Covid-19 made us face an economic turndown, but not everything is lost. VAT reclaim may benefit your company’s finances during this unpleasent period.
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3 tips to keep in mind when recovering VAT from T&E tickets

Vat Reclaim 4 minutes reading

If you have ever wondered whether recovering VAT on travel tickets could be worth the effort for your company, the answer to this question is a clear and categorical YES. Although any company has the right to do so, many companies give up during the process, resulting in about 5 billion in unrecover
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Per Diems for Dummies - United States

Per Diem 9 minutes reading

Take it from someone who knows, “the hardest thing in the world to understand is income taxes” for not only is tax law as convoluted as a labyrinth but it may change from one year to the next. Of course, that someone was Albert Einstein. So if you find the tax rules governing business deductions
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Per Diems for Dummies - United Kingdom

Per Diem 7 minutes reading

It may be that “not all those who wander are lost” according to Bilbo Baggins but with the plethora of rules and regulations currently governing per diems, reimbursements, scale rate payments, and round sum allowances in the U.K, it’s very easy to go astray when you travel on business. But
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Tax recovery just got easier: announcing our partnership with VAT IT

Vat Reclaim 2 minutes reading

We’re proud to announce our partnership with VAT IT to provide companies across Europe and the world an even more seamless solution to VAT Recovery and expense management. Together we hope to increase vat refund yields for companies across Europe who lose out on millions a year in unclaimed VA
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Per Diems for Dummies - Germany

Per Diem 6 minutes reading

A Per Diem or daily allowance is a specific amount of money an organization gives an individual, often an employee, per day to cover living expenses when traveling for work. Working with Per Diem rates can be easier for your company, as it eliminates the need for employees to prepare, and employers

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Why VAT recovery is much more important than you think

Vat Reclaim 3 minutes reading

Lots of companies still overlook the potential of foreign VAT recovery for their expenses — that’s the VAT you pay over business expenses made abroad, like hotel stays and conference tickets. Globally, $20 billion is lost in unclaimed VAT every year — money that would have been rightfully thei
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Per Diem for Dummies - Spain

Per Diem 3 minutes reading

More and more employees need to travel for work reasons. As such, companies have to cover the expenses of these trips, on many occasions through the Per Diem allowances, but what are exactly the Per diems? Per Diems are fixed amounts of money that an employee can spend during a business trip. These