VAT & GST Reclaim
Maximize VAT & GST
Recovery with Minimal
Effort
Turn a time-consuming process into easy gains with Way2VAT’s AI-powered platform, designed to streamline VAT and GST reclaim across the globe.
How It Works
Connect Way2VAT to your ERP, accounting software, or EMS, and our AI takes care of the rest—from
identifying eligible expenses to submitting tax claims—helping you recover up to 30% more VAT and
GST with minimal effort.
Reclaiming VAT in Spain? You’re Covered
Whether you’re a Spanish business or an international company operating in Spain, Way2VAT supports your reclaim process with DevoluIVA, our local group member with decades of expertise in the Spanish market.
Reclaim VAT on local business expenses, events, hotels, marketing, and more
Fully compliant with e-invoice and Verifactu system
Spanish-language support and documentation processing included
Reporting and BI
Provide transparency into every reclaim process, highlighting recoverable expenses and identifying
missed opportunities.
Key Features
Boost VAT & GST reclaim by up to 30% with AI-driven features.
Data Science Excellence
Unlock valuable insights with state-of-the-art data analysis and decision-making tools.
Anomaly Detection
Identify irregularities and prevent fraud with AI-driven detection algorithms.
VAT Optimization Module
Maximize tax reclaims with automated expense identification and recovery.
Duplicate Detection
Eliminate redundant transactions in order to ensure data accuracy and reliability.
Expense and Vendor Categorization
Streamline processes with AI-powered classification of expenses and vendors.
Seamless Language Support
Handle claims in multiple languages for effortless global tax compliance.
Cutting-edge Technology
Our AI leverages cutting-edge innovations to handle even the most complex invoice formats,
ensuring unmatched accuracy.
ANALYZING INVOICES FOR CLAIMABILITY DETECTION
Core Capabilities
Way2VAT’s proprietary AI technology is at the heart of our VAT & GST reclaim process, designed to
handle even the most complex scenarios with efficiency and accuracy.
Computer Vision For Image Processing
Transform invoice and receipt images into actionable data using cutting-edge image recognition.
Natural Language Processing (NLP)
Extract critical information from unstructured text in multiple languages to streamline claims.
Deep Learning For Contextual Understanding
AI algorithms interpret both text and images for deeper insights and smarter decision-making.
Noise Removal For Improved Clarity
Enhance document quality to ensure accurate data extraction and processing.
Claimability Detection & Data Matching
Effortlessly analyze invoices and receipts to detect claimable VAT & GST with precision and speed.
Backed by Patented Technology
Six registered patents support our AI-powered VAT refund solutions, ensuring industry-leading reliability and innovation.
Use Case:
Image-To-Line Data Matching
Human precision is now replaced with the highest level of accuracy and speed from artificial intelligence.
FAQs
What is VAT/GST reclaim, and how do domestic and foreign reclaims differ?
VAT/GST reclaim is the process of recovering taxes paid on business-related expenses. Domestic VAT reclaim focuses on local expenses, while foreign VAT reclaim applies to cross-border expenses, requiring compliance with specific international regulations. Way2VAT simplifies both processes with its automated platform.
What should I do if my business operates in Spain?
If you’re a Spanish business—or an international company with operations in Spain—you can recover VAT through DevoluIVA, part of the Way2VAT group. DevoluIVA specializes in local VAT reclaim from travel expenses, such as restaurants, taxis, gas stations, parking, hotels, and other related services.
Why is outsourcing VAT/GST reclaim better than doing it in-house?
VAT reclaim in-house is complex, with country-specific regulations, language barriers, and high potential for manual errors. Outsourcing to Way2VAT eliminates these challenges with automated compliance checks, communication with tax authorities, and maximum refunds, allowing your team to focus on growth.
Where do the biggest VAT or GST reclaim opportunities often hide in a business?
Hidden opportunities include Accounts Payable invoices, employee travel expenses, capital expenditures, and foreign VAT transactions. Way2VAT’s advanced platform identifies reclaimable expenses across all categories, ensuring no opportunities are missed.
How does VAT/GST reclaim improve cash flow and financial planning?
Reclaiming VAT or GST improves cash flow by recovering funds spent on eligible expenses and reducing operational costs. Regular VAT refunds, especially for international operations, provide consistent financial benefits and support growth planning.
Why shouldn’t my business delay VAT/GST reclaim?
Strict deadlines for VAT/GST reclaim vary by country, typically ranging from 1 to 5 years. Missing deadlines forfeits refund opportunities. Way2VAT tracks and manages these deadlines, ensuring timely claims and improved cash flow.
How far back can I reclaim VAT using DevoluIVA?
You can reclaim VAT on expenses up to four years in the past, helping you maximize your VAT deductions.
Can I integrate DevoluIVA or Way2VAT with my accounting system?
Yes. Both DevoluIVA and Way2VAT integrate with major ERPs and accounting platforms like SAP, Oracle, and Microsoft Dynamics, enabling smooth data flow and streamlined reclaim processes.