Make VAT refunds work for you - instantly

Q: How much will the service cost me?

Each instant VAT refund costs 3% + VAT of the total VAT refund amount. This means you'll get 96.4% of your next VAT refund within 60 minutes of submitting the VAT return (if you sign up before you submit your next VAT return).

Priced at 3% of the refund amount.

Cash flow certainty

Stop waiting for HMRC to pay your VAT refunds. Sign up for an instant VAT refund up to 24 hours before you submit your next VAT refund and get refunded in less than 60 minutes.

£160m

advanced in VAT refunds and tax credits so far

100%

HMRC Success

Instant VAT refunds vs HMRC

How instant VAT refunds work for UK companies

Sign up

The initial set up is quick and easy. Just let us know where you want your VAT refund sent to and provide access to your government gateway.

Submit your VAT return

Once your account set up is finalised, you or your accountant submits your VAT return however you normally do. Your current business and accounting processes don’t need to change!

Get your VAT refund within 60 minutes

That’s it! Get your VAT refund in your bank account within 60 minutes of submitting the return.

Testimonials

Instant VAT refunds are a game-changer. For a 3% commission it makes a lot of sense just to have certainty of cash flow. It’s very simple, very quick to set up, hardly any paperwork. And you get access to your VAT refund straight away. There must be thousands of startups that need this product.

Matthew Fleetham

Owner, Saunton Vineyard, Devon

Guesswork gone 🙂 Easy sign up, instant advice, feedback and support where required and most importantly the guesswork of when our VAT will hit our account now a thing of the past. Very happy to recommend.

Patrick Davin

CEO, MUTE

I have used the Instant VAT Refund service several times now, and I must say, it's an absolute game-changer. It’s ideal for those that receive frequent refunds from HMRC and need to maintain cash flow.

Oliver Rowlinson

Director, Vestonic Asset Management Limited

How do I know if my VAT refund is eligible?

To qualify for an Instant VAT Refund, your company must be a UK company that has received at least 2 VAT refunds in full from HMRC.

FAQs

How do instant VAT refunds work?

Every time you submit a VAT refund, you will receive your VAT refund instantly automatically.

If you're a UK, VAT-registered business, click any 'Get started' button to get your account set up.

Then, the next time you submit a VAT refund (or if you've submitted one in the last hour) the system will notify us of your submission and you'll be transferred the VAT refund (minus the 2-3% fee) to your chosen bank account within 60 minutes.

During the transfer, you'll lose access to your government gateway, but you'll get that back once the VAT refund is sent to our partner by HMRC). To be eligible for an instant VAT refund you must be a UK business, have received at least 2 VAT refunds from HMRC and have no outstanding returns with HMRC.

What's the difference between a 'normal' VAT refund and an 'instant' VAT refund?

Normal refunds come from HMRC and will arrive in your bank account anywhere between 5 and 30 days from submitting the VAT return.

Instant VAT refunds will arrive within 60 minutes of submitting the VAT return. The normal VAT refund is collected on our side from HMRC when they pay it in 5-30 days time.

To get access to an instant VAT refund, just make sure you sign up at least 3 hours before submitting the VAT return.

How much will the service cost me?

Each instant VAT refund costs 3% + VAT of the total VAT refund amount.

This means you'll get 96.4% of your next VAT refund within 60 minutes of submitting the VAT return (if you sign up before you submit your next VAT return).

Can I check if my company is eligible before committing?

Absolutely! Simply complete the sign up and you'll know right away if you're eligible.

Then, if you don't want to continue you can toggle the service off at any point.

To qualify for an instant VAT refunds, your company must be a UK company that has received at least 2 VAT refunds in full from HMRC, be submitting a VAT refund below £100,000 and have no adverse credit history.

What if I don't want an instant refund every time?

No problem, just toggle the 'off' switch in your dashboard before you submit your VAT return so the process will be stopped from running.

Why do I need to give access to my government gateway?

This enables us to collect your VAT repayment from HMRC.

We know that’s not ideal but, based on current HMRC limitations, it’s the best way to make the process smooth, fast, and affordable.

Your login credentials for your government gateway are held securely and cannot be accessed by anyone else.

Whilst the VAT refund is outstanding, you won't be able to access your government gateway. However, if you need any information from the gateway please reach out it will be retrieved for you.

What happens if I sign up outside of business hours?

The service is designed with flexibility in mind to meet your business needs. If you sign up at least 12 hours before you submit your VAT return (and meet the eligibility criteria) you will still receive your instant VAT refund.

However, to ensure the 60-minute payout target is met, we recommend you submit your VAT return during business hours. If your submission is made outside of business hours, your payout will be processed by 9AM on the next business working day.