Business
Around four per cent of global travel spend offers reclaimable VAT but many companies don’t bother claiming back the VAT that they’ve incurred in the course of doing business abroad. Click here to download your ‘free’ money FAQ sheet. Yes the VAT recovery process can be admin-heavy, but the time spent analysing the data in your systems and maybe even digging through a deep, dark basement to locate eligible receipts can be quite lucrative. How does a seven-figure cash injection sound? In this 'free' money episode, Jacek, Sylvia and Rob discuss the VAT recovery process and how much of a boost it can give to your bottom line. Have a question for the show? Get in touch: Podcast@tmf-group.com Short on time? Skip ahead: 00:01 Intro 01:45 What do we mean by ‘free' money? 03:22 What is VAT Recovery – and what is recoverable? 16:17 How to identify recoverable VAT 20:16 How to recover the VAT 22:49 Specific claim periods and deadlines 23:43 Potential obstacles 30:35 Key takeaways If you'd like to support the show, please hit 'subscribe' on Apple Podcasts or 'follow' on Spotify - and consider leaving us a review. CREDITS Your hosts are: Jacek Szufan, Sylvia Petkova and Rob Hutchinson Producer: Carlie Bonavia Theme music: Roulette Wheel by JAM Studio, purchased from Shutterstock Music. Value Added Talk is a production of TMF Group.