Domestic VAT on Travel & Entertainment
Maximise your business’s input recovery while ensuring guaranteed compliance of your VAT submission from local travel.
We can add value to your business if …
You have employees travelling locally for business purposes or you have local entertainment expenditure
You rely on an expense management system or a manual system to provide compliance of VAT claims
Your finance team is too stretched to spend time reviewing individual travel invoices with the required level of detail
You are losing potential VAT recoveries because of non-compliant invoicing
Our Global Reach
Global Branches
Clients
Refund Countries
Guaranteed Success
By outsourcing your VAT recovery, you can mitigate all compliance risk as well as increase your VAT yield. We envision ourselves as an extension of your finance team, freeing your employees to focus on critical areas of the business function.
We guarantee:
Accuracy
We review large volumes of invoices with 100% accuracy using our software’s rules- based AI.
Invoice Compliance
We check every invoice’s line items, removing non-claimable expenses and recalculating the invoice’s VAT input amount.
Global Consolidation
We consolidate compliance for multinational entities in multiple countries.
No Human Error
We remove user driven inaccuracies by running AI-driven audits on all transactions regardless of inputted data. We have multiple levels of checks that are performed on each invoice individually.
Up-To-Date Regulation
We offer a deep understanding of 135 country VAT laws, consistent compliance with any periodic changes to VAT laws and regulations as well as first-hand knowledge when new VAT regimes are implemented within a country.
Quick Turnaround
By outsourcing your VAT compliance to industry experts who are dedicated, experienced and solely focused on ensuring and understanding global VAT compliance legislation, your company is guaranteed the fastest turnaround time possible.
Testimonials
VAT IT is a valuable partner of Moelis’s that enables us to maximise our VAT recovery across many countries
We selected the VAT IT Group as our tax partner and four years later we have recouped close to $3m in VAT! These refunds have brought tangible cost saving benefits to the company and have helped finance current clinical R&D activities
The only thing I have to do is sign some papers and wait for the money to come in. It works so smoothly
Dedicated, knowledgeable and helpful business partners from VAT IT; VAT CLOUD is very valuable to recover VAT without having to invest a lot of time and money
Did you know that 27% of companies are non-compliant?
Download an infographic to see more interesting stats about Domestic VAT.
