BIOBJECT FRANCE Testimonial on UK VAT Recovery
BTOBNICE is delighted to have assisted BIOBJECT FRANCE with the recovery of VAT incurred in the UK.
Founded in 1970, BIOBJECT FRANCE specialises in the manufacture of high-end contemporary furniture, decorative objects and accessories for residential, hospitality and office environments. Driven by its values of expertise, curiosity and reliability, BIOBJECT FRANCE is now a trusted partner to architects and luxury brands.
We are delighted to share the testimonial of Stéphane Dugué, Accounting & Administrative Manager at BIOBJECT FRANCE:
I recommend BTOBNICE for its professionalism. The team is highly responsive and keeps us well informed throughout the entire process. The online platform for uploading documents is very clear and the refund deadlines are met. We had an excellent relationship throughout the entire VAT refund process, with very competitive fees.
Stéphane Dugué / Accounting & Administrative Manager – BIOBJECT FRANCE
Our Support to BIOBJECT FRANCE with UK VAT Recovery
Following the successful completion of BTOBNICE’s assignment in the UK, Stéphane Dugué shared his experience of the quality of our support with the recovery of UK VAT. In particular, he appreciated our team’s comprehensive handling of the entire claim, saving him valuable time in dealing with a complex UK VAT refund procedure.
Since Brexit, EU businesses can no longer recover VAT incurred in Great Britain through the procedure established under the EU 8th VAT Directive, which previously allowed refund claims to be submitted via the tax portal of the Member State in which the business was established.
Since 1 January 2021, foreign businesses that are neither established nor VAT-registered in the UK must, subject to meeting the relevant conditions, use the UK’s domestic VAT refund procedure. This procedure is governed, in particular, by the Value Added Tax Act 1994, the Value Added Tax Regulations 1995 and the provisions adopted in 2020 in connection with the UK’s withdrawal from the European Union. (Specific rules nevertheless continue to apply to the recovery of VAT on goods in Northern Ireland.)
As the UK’s domestic VAT recovery procedure is no longer harmonised with the EU refund mechanism, businesses must comply with specific rules, supporting documentation requirements and deadlines set by the UK tax authority, HM Revenue & Customs (HMRC). This can make the preparation and management of VAT refund claims more complex for foreign businesses.
Against this background and following the successful outcome of our assignment, Stéphane Dugué particularly highlighted our team’s responsiveness and professionalism, the quality of the support provided throughout the claim process and the timely receipt of the VAT refund.
Our Foreign VAT Recovery Services
BTOBNICE assists French and international businesses with the recovery of foreign VAT.
Our experts provide support throughout the European Union and in numerous non-EU countries, including the United Kingdom for UK VAT recovery.
With experience across more than 50 countries, our services are designed to optimise recoverable VAT amounts, secure VAT refund claims and facilitate their processing by foreign tax authorities.
Our 360-degree tax expertise also enables us to identify additional tax and cash-flow optimisation opportunities for our clients and to assist them with related tax matters.
Have you incurred VAT in the UK or another foreign country?
Contact our experts to assess your foreign VAT recovery opportunities: contact@btobnice.com
Our Thanks
BTOBNICE would like to extend its sincere thanks to the entire BIOBJECT FRANCE team and, in particular, to:
Stéphane Dugué – Accounting & Administrative Manager
Kind regards,
Siouzanna Maignan
Founder & CEO of BTOBNICE