VAT Recovery on bad debts

VAT recovery on bad debts in countries where your company carries out taxable transactions.

If your company makes supplies of goods or services to a customer, but the invoices are not paid, the company may be able to claim relief from VAT on bad debts incurred, subject to certain conditions being met and that proper documentation be set in place.

VAT Systems can take care of this process for your company:

Service steps

  • Analysis of the data sent by the client;
  • Validating requirements;
  • Computation of the recoverable VAT;
  • Preparation and filing of any requests or supporting documents;
  • Recovery of the VAT.