Reclaiming Vat input tax from supplier
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berne316
Apprentice
Joined: 21 Nov 2009
Posts: 2
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 Posted: 09/17/11 - 10:44 Post subject: |
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| I have recently started a new business. I have registered for VAT and I want to reclaim input tax from supplier, but I am not sure if that can be done. If anyone could help me, that would be great. Thanks in advance. It really means a lot to me. |
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maurise
Apprentice
Joined: 14 Sep 2006
Posts: 4
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| Posted: 10/17/11 - 01:09 Post subject: |
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| Registering for VAT is one of the most important things you need to do after you start with your business, and it is great you have already done it. When it comes to input tax, it is charged when you get some supplies from foreign countries and get taxed according to their own rates. You can reclaim it on your tax return, and indeed you can reclaim the whole sum. For some more info, go to http://www.belastingdienst.nl/variabel/buitenland/en/business_taxpayers/business_taxpayers-82.html. |
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