VAT for Events

VAT is a tax that is implemented in many countries around the world.

 

When organizing a meeting, you must know:

  1. The average rate in Europe is 21% (can be up to 27%).
  2. VAT should always be refundable to companies.
  3. Most of the VAT incurred on business expenses linked to organizing an event is refundable.

€7.5 Billion of VAT to recover every year, only €2 Billion recovered.

50% of businesses that already reclaim only recover 50% or less of their foreign VAT.

(OECD).

You are leaving a lot of money on the table!!!

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