News

It has been over 4 years since the UK voted in a referendum to leave the European Union (“EU”).  Although the UK (finally!) left the EU on 31 Jan [...]

New technology expected to improve invoice analysis accuracy October 15, 2020 – WAY2VAT, the leader in automated VAT reclaim for business, was award [...]

Many will recognise the following scenario – you have worked hard gathering together invoices from overseas business trips, such as hotel bills, [...]

As detailed in one of our previous posts, many European Union (“EU”) countries have extended the 30 June deadline for submitting 13th Directive re [...]

We usually think about invoice images as, well, images – a matrix of pixels, light intensity values on a regular grid. This preserves the highest fi [...]

VAT recovery on business entertainment has been blocked since intro. (1973). More recently, VAT Input Tax Order 1992, Art. 5 disallows the right to re [...]

The annual June 30 deadline for businesses based in non-European Union countries to submit VAT reclaim applications is usually inflexible. However, se [...]

Accounts Payable (AP) invoices are typically high expenses for your business. If that’s not enough, VAT on your AP invoices can add up to 25% of the [...]

Back in March, during the early days of the COVID-19 pandemic, the EU’s European Commission recommended that member states offer a VAT holiday. The [...]

A fundamental pillar of VAT is that input transactions must be incurred in the furtherance of the taxable person’s business. Without this, VAT cease [...]