Companies can dramatically reduce the time, cost and effort by contracting Taxeo to manage the recovery of VAT related to these expenses.
Recovery of VAT on travel and expenses (T&E) is typically time consuming and labour intensive as it is concerned with high volume, low value invoices and receipts. Consequently this is an area often overlooked due to the effort required. Taxeo gives companies the opportunity to dramatically reduce the time, effort and cost by managing the recovery of VAT related to these expenses.
- Make your staff expenses available to us or provide us with access to your ERP
- Analyses the invoices to identify all recoverable VAT
- Integrates the e-invoices from our affiliated merchants
- Provides a report to incorporate directly in your periodic VAT declaration.