Calling all hauliers

CKH Fiscal Services and Irish Trucker have joined forces to send out an important message to all hauliers working on the continent, which could earn them huge savings.

In short, a large number of Irish hauliers are failing to reclaim VAT refunds when purchasing diesel abroad, while in some countries where excise duty can be reclaimed, the same situation is occurring.
This article sets out to explain why and how this is happening to truckers all over Europe and the startling figures of unclaimed funds will surprise many.

Talk of VAT and most business men receive a shudder down their spine and the haulage industry is no different. However, where haulage contractors working on the continent are concerned, it need not be all doom and gloom.
Almost every transport operator is entitled to reclaim the VAT spent on fuel in all EU countries, while in Belgium and France, they are allowed claim back a percentage of the excise duty.

However, for one reason or another, many hauliers have failed to do so with the fact that many don’t know they can, while some of the smaller firms believe that only big companies qualify for the exemption, which is entirely untrue.
Most hauliers fill up before heading off on a long distance run and from the diesel that they buy here in Ireland, they can claim the VAT back. This is the case with all EU states and CKH Fiscal want to ensure that all hauliers are aware of what they are entitled too.
Firstly, let’s take a look at the services that the Dublin based firm offer and although some companies offer a similar service, CKH pay all funds reclaimed directly into their client’s bank account.
Everyone knows that dealing with VAT can be a complex and complicated issue. Nonetheless, CKH take away that strain, leaving the haulier to concentrate on what he does best, driving lorries.

With over 40 years experience, CKH has the knowledge and personnel to deliver a fast efficient service specialising in providing a cost-effective and comprehensive European Union taxation package for solely for the transport sector.
Hauliers are entitled to claim the VAT back up to a year after they have made fuel purchases and once CKH receive receipts, they can take it from there and within a matter of weeks, the money will be in the clients account.
CKH offers its service at a competitive rate that can be rivalled by none of its competitors. No fees are deducted from the refunds as clients will be invoiced later on, which shows all hauliers exactly how much they receive. Unlike most tax agents, CKH can claim both VAT and Excise duty where applicable.

As a registered tax agent in all EU states, the company has been involved in implementing the 8th VAT directive since it was adopted by the EU in 1979.
Any fears that there is still plenty of work to be done before CKH begin its procedure can be allayed by the list of how it works as we now explain.
The first thing you need to do is to fill out an application for CKH to be appointed as your VAT agent in the various EU states in which you operate. CKH then notify the relevant VAT Repayment Offices in these states that they have been appointed as your tax agent.
In order to commence claiming VAT refunds on your behalf, they then send a VAT certificate to the EU states concerned to confirm that you are registered for VAT in your own country. It is important to note that this is NOT a Tax Clearance Certificate and it has nothing to do with your VAT being paid up to date. It is simply a confirmation that you are registered for VAT and your private tax affairs are not at issue. Indeed, these are always treated with strict confidentiality by the Taxation Authorities and they are never divulged to CKH or to any other party.

Finally, a Letter of Authority or sometimes, a Power of Attorney for each state is needed in which you operate which enables them to submit applications for claims, to receive correspondence, to appeal any refund refusals and to claim the actual VAT refunds on your behalf.
A survey conducted in the UK four years ago revealed that in the 15 member states of the old European Union 53.4% of all cross-border VAT which could be recovered is not being claimed.
In the 15 states, cross-border transaction VAT payments amount to about 10bn euros (£6.8bn). Only 4.5bn (euros) is being reclaimed – and 2.5bn of that is in the Netherlands. This means that vast numbers of companies across Europe are not reclaiming cross-border VAT.

This is an astounding figure in general, but given the current economic climate, it has reached unbelievable proportions as so much funding is there ready to be reclaimed.
Some hauliers may feel that they don’t qualify because they are too small or they are not claiming enough, but that is not the case with invoices as low as €100 being processed with no amount being too small.
So to put everything in a nutshell, there is money there for hauliers working on the continent to claim, so why not contact CKH Fiscal Service Ltd today and let their expert staff talk you through the full procedure and start the process of reclaiming that VAT and excise duty.
You can contact CKH Fiscal Services Ltd on 01 8301898; email: info@ckhservices.com or check out the website at www.ckhservices.com