Applying the reverse-charge mechanism for VAT means that no VAT is charged by a supplier. The VAT is reverse-charged to the customer. This means that the TRAVIS invoice does not include VAT so TRAVIS customers will not need to pay the VAT advance. TRAVIS customers need to declare VAT for services rendered in the company’s country of origin. Many times, this VAT can be directly deducted on the tax return form. Most accounting tools already take this into account by default.
In order for the reverse-charge mechanism for VAT to be applied, TRAVIS customers are required to have a valid VAT-number. The reverse-charge mechanism is automatically applied for all internationally rendered services, with the exception of Truckparking. Unfortunately, European regulations prohibit the use of the reverse-charge mechanism for parking transactions and the local tariff is always applicable.