When you have already paid vat on your services or goods again and would like to get the original amount back then while reclaiming vat ensure proper procedures are followed. You may use the vat refund scheme for getting back vat which may have already been paid earlier so as to reduce your costs and even get relief from the issue of double taxation over your services or goods.
Although you will not be allowed to deduct the vatvalidation.com/vat tax amount straight from your next vat return, you still be allowed to state that amount in the separate vat refund scheme. This scheme is available in the United Kingdom subject to certain terms and conditions. Most eu countries that follow vat usually have such procedures where vat amounts which have already been paid can be reclaimed. If you're a vat registered trader in the UK that doesn't have vat registration in the country of origin then you can claim any vat paid in the country provided you meet some other vat rules.
You can also claim vat paid in another eu country if you haven't got relief through some other vat scheme. You will have to use a standard vat reclaiming form through the HM revenue and customs or hmrc vat website that looks after the customs, excise and vat department in the United Kingdom. However, since reclaiming rules might differ abroad, you might need the services of an expert vat agent well-versed in uk vat and eu vat rules to ensure that you extract vat refunds from the relevant country. Your agent can act in your stead as soon as you provide them with a power of attorney or even a letter or authority to do so.
It is possible to go for a vat reclaim no later than 9 months in a calendar year after you have paid the vat amount. You will first have to register your organization name and your agent?s name too in the event you intend on reclaiming vat using your agent. You should use the hm vat refunds service that's a part of the vat online services offered by the hmrc vat website so as to reduce time and energy. As soon as you submit the necessary online vat form you will be issued an online reference number that may indicate that the request is received by the vat refund department.
Although you will not need to send any paper documents, certain eu countries might ask for a scanned vat invoice to be attached with your vat refund request. Once you've sent your reclaiming request hmrc will send a confirmation regarding the same within 15 days even though the concerned eu country will normally offer you a vat refund within 4 months, if all of your documents are in proper order. In case further information is required from that eu country you'll be able to expect your vat reclaim to be settled after around 8 months of the original application.
To prevent the situation of double taxation, most eu countries that have adopted vat such as the UK offer vat refunds that can be claimed by following proper procedures and using proper applications. You also can reclaim vat paid in any other eu country that follows vat by reclaiming vat back from that eu country by using the vat refund scheme.
