Our DF + programme provides up to two months’ reclaims in advance of the time they would normally be received, improving cashflow and reducing the administration costs of VAT. We take over the reclaim process by becoming the VAT agent and liaising directly with HMRC. Investors of DF+ enter into a 12-month rolling facility with a 3 month notice period.
Indicative costs are as follows, dependent on the deal size:
Schedule submission Fee:
• Up to 3% of VAT element for submitted VAT returns
• Up to 5% of invoices presented pre-submission
• 10% Above Base Rate