Reclaim your VAT
A significant part of the properties owned by the companies are integrated within a community of owners. These communities cannot deduct VAT on their maintenance and service costs, as they are considered to be final consumers. However, entrepreneurs and professionals can claim the deduction of this tax on the proportional part of their participation (%) in the community, in other words, they can claim the VAT on their share.
Deduction procedure
Service benefits

Liquidity
Obtain a constant source of liquidity from community expenditure

Servicio Hands Free
A service where you don’t have to worry about anything. With just your authorization we take care of everything and you will receive the invoices in a file adapted to your ERP

Retroactive nature
We recover not only current and future VAT, but also the past. The tax framework allows the deduction of VAT for up to the last 4 years (Spain), which is not yet prescribed, so that initially a very significant cash injection is achieved almost immediately
Who can benefit from this service?
What expenses are deductible?
Supplies
Deducts VAT from general expensesMaintenance costs
It recovers input VAT on expenses generated by electricity, water, heating…
Extraordinary expenditure
Repairs, painting, facades...Extraordinary expenditure
Painting facades, repairs in plumbing or electricity, unforeseen events that may happen in the daily life of a community of neighbours
External services
Services for third partiesExternal services
Services such as cleaning, security, concierge services, surveillance or other work carried out by third parties are also eligible for VAT deduction
Management
Management costsConsultancy costs
Also deductible is the VAT generated by management expenses, consultancy…