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French Polish...

03 November 2009 / Neil Warren
Issue: 4230 / Categories: Comment & Analysis , VAT
...Danish, Spanish and other EU VAT claims will have a new electronic system for reclaiming tax from January 2010. NEIL WARREN explains

KEY POINTS

  • Note the difference between EU and non-EU claims.
  • When can VAT be reclaimed?
  • The difference between the old and new systems.
  • The new form and expenditure codes.
  • The relationship between place of supply rules and the flat-rate scheme.

There are times in life when you take a deep breath keep your fingers crossed and hope that things turn out as planned. In the case of VAT this is definitely the situation regarding the proposed changes on 1 January 2010 to reclaiming VAT paid on expenses incurred in other EU countries.

The theory is good and the hard work has been done… but will the changes lead to rebates being paid quicker (and in some cases at all) by certain countries in the EU with less-than-favourable payment records...

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