News,May 2018

reclaiming vat on expenses

Reclaiming VAT On Expenses – A Beginner’s Guide

06/01/2022Taxation , VAT

VAT registered businesses need to charge VAT on their sales and can reclaim the VAT they pay for business expenses. However, claiming back VAT on expenses is not that simple as it seems, there are a lot of complex rules. With these complexities, reclaiming VAT on expenses can be trouble. In this quick guide, you’ll …

Read more
Reverse Charge

Reverse Charge on EU VAT

20/12/2021Taxation , VAT

When an individual has experience with suppliers to avail their products or services in the EU countries, due to reverse charge the responsibility of recording VAT transactions moves from the supplier to the buyer to avail the products or services. This makes the supplier free from the responsibility of recording VAT registration in the very …

Read more