This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

VAT

Many financial service institutions think that Value Added Tax (VAT) is not an issue because they are partly or fully exempt – they are wrong. As a result of the VAT exemption on financial services and insurance, VAT on purchases is a significant cost to the sector. With nearly 70 indirect tax professionals in our firm across Central Europe, including a specialist FSI team, we are well positioned to help you realise savings and focus on the task of successfully running your business.

Ask yourself:

  • Do you know how much non-deductible VAT you incur every year on purchases?
  • Are you aware of all the opportunities for reducing VAT costs?
  • Do you have an in-house VAT specialist responsible for minimising VAT costs?
  • Do you receive and read updates on new VAT opportunities and developments?

If the answer to any of the above is “no”, you should consider contacting our VAT experts.

Stay connected:
More on Deloitte