To deduct VAT, a correct VAT invoice is required with certain fields completed correctly, such as date, invoice number, customer and supplier details, description of goods or services, payment date, VAT rate, net, VAT value, and total. However, for Travel and Entertainment expenses, employees may not be aware of the rules or have receipts with enough space for all the required fields. Some countries allow for Simplified VAT Invoices to be used for deduction, with varying rules and thresholds. Customer name and address are not always required, but supplier fields such as VAT % and ID may vary by country.
Source Richard Haye
Latest Posts in "European Union"
- VAT and Customs Priorities in the DG TAXUD Management Plan 2026
- EU and Australia strengthen relations with Trade Agreement
- EGC VAT Case – T-138/26 (Dyrektor Krajowej Informacji Skarbowej) – Questions – VAT Exemption for Cash-Settled Greenhouse Gas Emission Allowance Forwards
- European Commission Seeks Feedback on Digital Business Wallet to Simplify EU Compliance and Operations
- VAT Classification of Loyalty Programs: ECJ Rules Loyalty Points Are Not Vouchers Under EU Law













