Claiming VAT in the consulting industry Consulting Industry...
Claiming VAT in the consulting industry Consulting Industry VAT Claims: Key Rules, Processes, and Best Practices Fact: your consulting firm has significant cash lying on the table, waiting to be recovered. So, why are so many consulting firms not reclaiming their money when it’s within arm’s reach? Better yet, what would it mean for your […]
Claiming VAT in the pharmaceutical and biotech business...
Claiming VAT in the pharmaceutical and biotech business Understanding VAT Claims in the Pharmaceutical and Biotech Industry Life science organizations are no strangers to meticulous, precise, complex processes to ensure success. There is zero room for error, including financial planning and management. However, when it comes to VAT (value-added tax) recovery, many pharma and biotech […]
Why are input VAT claimsrejected? Why Your Input...
Why are input VAT claimsrejected? Why Your Input VAT Claims Might Be Rejected and How to Fix Them Despite best efforts, many organizations still succumb to the common pitfalls of domestic VAT recovery. Unfortunately, these errors are often only spotted once it’s too late and in the shape of a rejected VAT claim. So, what […]
Claiming VAT in the Construction Industry Understanding How...
Claiming VAT in the Construction Industry Understanding How VAT Works in the Construction Industry For many construction businesses, VAT accounts for up to 30–40% of all cash flowing through the company. So naturally, it is widely considered a significant source of additional revenue. However, the impact of successful VAT recovery is often significantly undervalued due […]
Everything you need to know about China’s VAT...
Everything you need to know about China’s VAT rebate policy Understanding China’s VAT Rebate Policy: Foreign companies and their China subsidiaries that belong to specific categories are now eligible to apply for a full VAT refund. Here’s everything you need to know about China’s VAT rebate policy and whether or not your organisation is eligible. […]
VAT Triangulation in the EU: A Practical Guidefor...
VAT Triangulation in the EU: A Practical Guidefor Cross-Border Trade If you’ve ever dealt with goods crossing EU borders between multiple trading partners, you’ll know how quickly VAT obligations can become complicated. Enter triangulation, a simplification mechanism designed to ease VAT compliance for businesses involved in cross-border supply chains involving three EU-based parties. In essence, triangulation exists to […]
Bulgaria set to joinpaying VAT for the Euro...
Bulgaria set to joinpaying VAT for the Euro Area in 2026:What businesses need to know Bulgaria to Join the Euro Area in 2026: Key Insights for Businesses On 4 June 2025, the European Commission announced that Bulgaria is ready to adopt the euro, pending final approval by the Council of the EU, expected on 8 July […]
How to avoid paying VAT for ChatGPT in...
How to avoid paying VAT for ChatGPT in Kazakhstan: A guide for businesses ChatGPT in Kazakhstan: A guide for businesses Kazakhstan VAT and ChatGPT: How Businesses Can Avoid Unnecessary Charges From 1 August 2025, users in Kazakhstan who subscribe to ChatGPT will notice a new line on their invoices: a 12% Value Added Tax (VAT). This change, […]
Marketplace Facilitator Laws and US Sales Tax: Impact...
Marketplace Facilitator Laws and US Sales Tax: Impact on Global E-Commerce Sellers Global e-commerce continues to expand at an unprecedented pace, but with that growth comes increasing complexity in electronic commerce taxation. One of the most significant developments in recent years is the introduction of marketplace facilitator laws across the United States. These rules have […]
Cross-Border VAT Compliance Pitfalls That Cost Finance Teams...
Cross-Border VAT Compliance Pitfalls That Cost Finance Teams Millions Expanding across borders offers tremendous opportunities for growth. However, for finance teams, international expansion often introduces one of the most complex areas of indirect taxation: cross-border VAT compliance. Value Added Tax systems are enforced in more than 170 countries worldwide, each with their own rules, […]
e-Invoicing Data Quality: Common Errors Across Jurisdictions Data...
e-Invoicing Data Quality: Common Errors Across Jurisdictions Data quality is central to modern tax compliance. With e-invoicing mandates expanding globally, invoices must meet strict technical and regulatory standards in clearance and real-time reporting systems. Even minor errors can trigger immediate rejection or penalties, as machine-readable e-invoices leave little room for interpretation once submitted to tax authorities. […]
Top Indirect Tax Compliance Services in 2026 As...
Top Indirect Tax Compliance Services in 2026 As global tax authorities accelerate digital reporting and real-time oversight, indirect tax compliance has become a growing operational priority for multinational businesses. Unlike direct taxes, indirect tax obligations, including VAT, GST, sales tax and customs duties, are transaction-driven, jurisdiction-specific and increasingly automated by governments. Errors can lead not only to […]
Vietnam VAT Refunds: Seller Declaration No Longer a...
Vietnam VAT Refunds: Seller Declaration No Longer a Barrier for Buyers VAT refunds have long been a source of frustration for businesses operating in Vietnam. Even when buyers complied fully with the law, refunds could be delayed or denied for reasons entirely outside their control. The most common issue was simple but damaging: if a supplier failed to declare […]
7 Best e-Invoicing Compliance Solutions in 2026 As...
7 Best e-Invoicing Compliance Solutions in 2026 As governments accelerate digital tax reform, e-invoicing is no longer a process improvement, it is a legal requirement. From real-time clearance models in Europe to continuous transaction controls emerging across the Middle East, businesses must now implement compliant, scalable and future-ready systems. Selecting from the best e-invoicing compliance solutions in 2026 […]
VAT on Employee Expenses: What is Recoverable and...
VAT on Employee Expenses: What is Recoverable and What Is Not Employee expenses are a necessary part of doing business. From travel and accommodation to meals, client meetings, and day-to-day operational costs, employees often incur expenses on behalf of their employer. What many businesses underestimate, however, is how much VAT sits within these costs and […]
VAT Compliance Risk in the EU: Where Companies...
VAT Compliance Risk in the EU: Where Companies Lose Control Value Added Tax (VAT) remains one of the more complex tax systems in the world. For companies trading across borders, particularly within the European Union, VAT is an integrated compliance system including registrations, reporting, invoicing, and data exchange. As the regulatory environment and digital reporting requirements continue to expand, VAT compliance risks have become a greater concern. Businesses that fail to control it face the probability of incurring penalties, reduced cash-flow, […]
VAT IT and Navan make Reclaiming VAT Easy...
VAT IT and Navan make Reclaiming VAT Easy Companies forfeit billions annually in unclaimed VAT from travel expenses, as highlighted here. Many businesses overlook this refund opportunity or struggle with its complexities, missing out on vital cash flow opportunities. Two-thirds of businesses do not explore VAT reclaims or capture just a small portion of what they could be rightfully due. That’s a costly implication, as travel and expense data holds untapped VAT potential. “The European VAT landscape […]
Everything you need to know about VAT Registration...
Everything you need to know about VAT Registration Certificates in Professional Services Understanding VAT Registration Certificates for Professional Services Navigating indirect tax can be tricky, especially in the professional services sector. Whether you’re a law firm expanding into new territories, a consulting agency operating across borders, or a recruitment agency billing clients abroad, your VAT […]
Tax Number vs VAT ID in Slovenia Understanding...
Tax Number vs VAT ID in Slovenia Understanding the Difference Between Tax Numbers and VAT IDs in Slovenia For businesses operating in Slovenia, or those working with Slovenian entities, understanding the difference between a tax number and a VAT identification number (VAT ID) is more than a matter of semantics. It’s a fundamental distinction that […]
VAT recovery for businesses in the USA Understanding...
VAT recovery for businesses in the USA Understanding VAT Recovery Processes for Businesses in the United States As a business based in the United States, you’re probably well aware of the concept of sales tax. However, what happens when your business expands beyond just the 52 states? Can you reclaim the sales tax incurred […]
