Join the VAT Revolution

Vatwire is one of the world’s leading financial technology VAT & Withholding Tax recovery firms.

You will be surprised by how much claimable VAT exists in your organisation.

The VAT Reclaim Specialists

With VAT rates as high as 25% in some countries, Vatwire can recover your VAT in relation to expenses incurred for Foreign Business Travel and Entertainment (T&E), MICE & Tour Operators (TOMS), Conferences and Exhibitions, Training and Seminars, Foreign Supplier Services, Import VAT, Mineral & Oil Tax (MOT) and Professional Fees.

Our Services

Business Travel & Entertainment

Vatwire can claim back as much as 25 % of foreign business travel expenses incurred by Corporates operating and travelling throughout Europe, Australia, Taiwan, South Korea, Japan and New Zealand.

We can claim back your VAT in respect of your:

Foreign Supplier Invoices

Most global businesses have Suppliers located all over the world. Expenses incurred by businesses with their foreign suppliers are material and attract significant foreign VAT.

Vatwire can claim back as much as 20% of your VAT in respect of the following expenses incurred by your business abroad:

Dividend Withholding Tax

Foreign investment income is frequently taxed at a high statutory withholding rate. With over £30 billion of Withholding Tax deducted globally, many billions are left unclaimed by their rightful owners. Under double taxation treaties between various countries, Investors may be eligible to a lower treaty rate and may reclaim the Withholding Tax difference from the respective Foreign Tax Authority.

Most Financial Institutions do not maintain adequate in – house staff and infrastructure necessary to effectively file reclaims on behalf of their Funds and Investors and in certain cases have limited knowledge of the processes involved within the various jurisdictions and the requisite information required to file Withholding Tax reclaims with the multitude of Foreign Tax Authorities. Each country which offers a Withholding Tax refund mechanism has a range of intricate rules, regulations, legal interpretations, language and cultural barriers and deadlines.

The process to file a reclaim with the various global Foreign Tax Authorities is accordingly a costly, complex and time-consuming process. An Institution engaging in Withholding Tax reclamation for the first time may be entitled to a number of years of recovery.

Vatwire’s specialized Withholding Tax Reclamation service supports High Net Worth Individuals, Pension Funds, Hedge Funds, Mutual Funds, Family Offices and Banks and continues to represent a very significant and meaningful opportunity for Fund Managers, Custodians and Investors across the globe.

Vatwire, with its many years of knowledge and experience, global representation, state-of-the-art automated & user-friendly processes and technologies, assists its Clients with the recovery of their foreign Withholding Taxes on cross–border securities dividend income.

Vatwire’s all-encompassing process inherently removes the complexity associated with dealing with a multitude of country specific Foreign Tax Authorities thus ensuring the process is simple, user friendly, transparent and seamless and aids in the attainment of successful refunds.

Vatwire does not charge any form of upfront fees. Vatwire merely retains a percentage of the successful refunds it attains for its global Clients.

Vatwire’s Recovery Process

Clients liaise with Vatwire. Vatwire will thereafter meticulously perform an in-depth evaluation and analysis of the potential Clients Withholding Tax claims. Vatwire will request the necessary documentation from its Clients in order to proactively and successfully process the Withholding Tax Claims.
Our in – house team of Tax Experts collates the necessary documents and data for onward transmission to the relevant Foreign Tax Authorities. Once submitted, Vatwire will monitor, track and follow up on an ongoing basis with the Foreign Tax Authorities to ensure all refunds are paid timeously to its global Clients.
Vatwire’s Clients are provided access to Vatwire’s world–class global Research Team and watertight online operating system and accompanying reports in order to track and monitor all Withholding Tax claims throughout the reclaim process.
Vatwire Treasury refunds its Clients Withholding Taxes

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MICE and Tour Operators

Tour Operators who package foreign travel expenses such as accommodation, car hire and flights for on-selling to either Travel Agencies or Corporates are entitled to recover the VAT portion of these foreign expenses from the applicable Tax Authorities where the TOMS (Tour Operator Margin Scheme) has been applied.

Import VAT

When you ship equipment or goods from foreign countries into the European Union, you are charged several taxes which are refundable.

Recover millions in taxes and other duties on all your shipments.

Vatwire ensures your import and export documentation is optimized to reduce VAT costs and ensure full VAT recoverability.

Minerals & Oil Tax

Mineral Oil Tax (MOT) is an excise duty levied on the purchase of fuel and is a significant surcharge to the base fuel cost.
Due to fuel tax exemptions that exist and other criteria, MOT is claimable by commercial Aviation Operators in foreign countries such as France, Germany, Switzerland, Austria, Spain and Italy.

Our Rates

Vatwire does not charge any form of upfront fees. Vatwire merely retains a percentage of the successful refunds it attains for its global Clients

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