If you have already paid vat on the goods or services again and want to receive 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 already have been paid earlier so as to reduce your costs and even get respite from the issue of double taxation over your goods or services.
While you won't be permitted to deduct the VAT tax amount straight from the next vat return, you still be permitted to claim that amount in the separate vat refund scheme. This scheme is available in the United Kingdom subject to certain conditions. Most eu countries that follow vat usually have such procedures where vat amounts that have previously 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 you'll be able to claim any vat paid in the country provided you meet some other vat rules.
You may also claim vat paid in another eu country if you haven't got relief through some other vat scheme. You will need to use a standard vat reclaiming form from the HM revenue and customs or hmrc vat website that looks after the customs, excise and vat department in the UK. On the other hand, since the reclaiming rules might differ abroad, you'll need www.vatcheck.com the services of an expert vat agent well-versed in uk vat and eu vat rules to successfully extract vat refunds from the relevant country. Your agent can act on your behalf as soon as you provide them with a power of attorney or even a letter or authority to do so.
You can go for a vat reclaim no after 9 months in a year or so after you've paid the vat amount. You may first have to register your business name and your agent?s name too in case you plan 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 in order to reduce time and energy. As soon as you submit the required online vat form you'll be issued a web based reference number that may indicate that the request has been received by the vat refund department.
Although you will not need to send any paper documents, certain eu countries might request a scanned vat invoice to be attached with your vat refund request. Once you've sent your reclaiming request hmrc will be sending 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 the event further information is required from that eu country you'll be able to expect your vat reclaim to get settled after around 8 months of your original application.
To prevent the problem of double taxation, most eu countries which have adopted vat such as the UK offer vat refunds that can be claimed by following proper procedures and using proper applications. You too can claim back vat paid in almost any other eu country that follows vat by reclaiming vat back from that eu country by using the vat refund scheme.
