Archive for November, 2007
Thursday, November 29th, 2007
Banks, Insurance companies and financial institutions are VAT exempt, generally for most products they supply. Great you would think for the consumer, however it is not as they cannot reclaim any of the VAT they pay on services or goods. Therefore it is all part of the cost ...
Posted in Vat | No Comments »
Wednesday, November 28th, 2007
Large amounts of value added tax (VAT) on purchases made in Europe go unclaimed by companies each year. The main reason is that many companies are unaware they can reclaim VAT on purchases made outside their own countries. Another obstacle is the difficulty in making a claim. Such factors as ...
Posted in Vat Refund | No Comments »
Wednesday, November 21st, 2007
Mary Harney has got herself into a little bit of hot water in Ireland over a condom and VAT. The Minister for Health in Ireland Mary Harney's claim that EU legislation prevents the Government from reducing VAT on condoms is complete rubbish.
She made the gaff yesterday while unveiling of ...
Posted in Vat | No Comments »
Saturday, November 17th, 2007
Most companies do not seem to be aware of the possibility of reclaiming VAT in some circumstances. Firstly if your company is based outside of the European union and you pay EU VAT for any goods or services then you can reclaim that VAT. Now just because you ...
Posted in Vat reclaim | No Comments »