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Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
Has your business paid VAT in the UK or Netherlands after July 2012?
If your company is doing business anywhere in Europe, you will already be aware that dealing with Value Added Tax (VAT) is pretty much inescapable.
Even if you’re not making sales on the continent and don’t have an office there, you are not necessarily exempt from thinking about this particular indirect tax.
Any company sending hires into Europe to conduct business will be incurring VAT on things like hotel fees and possibly exhibition costs too. Some companies find themselves having to pay import VAT to get goods into Europe for business purposes.
In many cases, this VAT is reclaimable by the overseas company without creating any additional tax nexus in Europe.
What are the deadlines?
There are different deadlines in different countries for these reclaims and advice should be sought from F&L on a country-by-country basis. In the UKor the Netherlands, for example, claims are usually submitted for the 12 months to 30 June and must be filed no later than 6 months after the end of the claim period.
So, for claims in respect of the year to 30 June 2013, US and Canadian companies must prepare and file a refund application no later than 31 December 2013.
If you believe you’re paying VAT in Europe and would like to discuss a reclaim contact the Tax Advisory team.