After finalizing the EU VAT refund requests for 2021 (the deadline for which was Sept. 30), the next step is submitting refund requests for the UK. Because of the Brexit, the process for these refund requests is no longer the same as for refunds within the EU.
Requirements at a glance:
- Hard-copy request
- Hard-copy of (copy) purchase invoices
- Certificate of taxable status
- Deadline: 31 December 2022 (for refunds for the period 1 July 2021-30 June 2022)
If you already have a (normal) VAT registration in the UK, then of course a separate refund request is not necessary. You can then deduct all UK VAT charged to you on business expenses in your UK VAT return.
In particular, the requirement to include the invoices makes the process a bit more cumbersome for some businesses. Many companies work with software to process expense reports where the employee is not always required to keep the original invoice. For reclaiming VAT, this invoice is required – without an invoice or receipt, no VAT refund!
Want to know more? Check the source.
Source: Less Grey
