You’ll likely pay VAT (value added tax) most days without being very aware of it, as the tax is added to most products and services, charged by businesses large and small, as we ...

For example, food and pharmaceutical ... you'd be right-sometimes this is too much if the rate of return is small. The best way to maximize your VAT refund is on larger purchases like luxury ...

When a VAT-registered company submits its VAT return, there will sometimes be a refund due. This occurs when the business has paid out more in VAT in the qualifying period than it has received.