Esso Card to cut time taken for VAT reclaim
Esso Card fuel card customers could receive VAT and excise duty reimbursements in just two weeks from receipt of their invoice – rather than months – under the launch of a new system.
WEX Europe Services, owner of the Esso Card, has partnered with specialist VAT reclaim partner, ATS, which can submit and manage claims on WEX Europe Services customers’ behalf under a fee system.
The service will enable customers to check on the status of their claim using the ATS web portal. Customers will only be charged a fee on successful claims; where claims are unsuccessful, there is no fee.
The VAT recovery service covers fuel card purchases across Europe and will only charge for successful claims. Customers can also get a status update on their claim by logging in to the ATS web portal.
Commercial and marketing director Peter Dore said: “We recognise there are easier ways to streamline the process of VAT reclaim, and our partnership with ATS can help our customers achieve that. We are delighted to be supporting this initiative.”
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