Make sure you reduce the cost of your event and reclaim the tax.
Value Added Tax (VAT) at 17.5% is applied to good and services. Visitors to Scotland from outside the European Union can reclaim VAT on goods only, by using the Foreign Exchange Tax Free Shopping arrangements. You can claim many general business expenses including space hire, contractors’ fees. See the following table for a comparison chart of the claimable expenses from various countries.
Refundable Expenses – Country Comparisons
Reclaiming your VAT is easy, thanks to the efficient system of the UK VAT refund authorities and the wealth of practical help and advice available.
So, to ensure you are not paying more than you have to, seek advice as soon as you start planning your event. Below is a list of recommended companies that can assist you with your VAT reclaims:
|
Tax Back International Telephone: +44 20 7659 9181(UK) Telephone: +1 866 966 6852 (USA) Offices in Chicago, Dublin, Prague, Warsaw, Moscow, Varna, Cluj-Napoca, Kaunas and Sydney. |
|
Euro VAT Refund, Inc |
|
Quipsound |
|
FEXCO Tax Reclaim |
|
Premier Tax Free (UK) Ltd |
|
PricewaterhouseCoopers |
|
MorganBentley |
|
HM Customs & Excise |
