DENDAX AND SOCIAL RESPONSIBILITY

From this year Dendax join the cause to save the Earth and stop cutting down trees! For this reason we try to reduce the minimum the quantity of paper we use!
For our clients we offer a complete online procedure to apply for tax refund. No paper, no efforts, less time!
Get your refund with Dendax! Go Green Online!
Complete your registration online, save a tree!

WHAT DOES URGENT AND FAST REFUND MEAN?

Many tax companies on the market are now offering “fast tax refund”, “urgent refund”, “emergency tax refund” and other kinds of fast income tax refund. But what does this actually mean? Why does the standard procedure take between 12 and 14 weeks and how exactly do these companies refund the taxes in such a short term?

Please be aware that a fast refund received within 1 month is possible, but only for US citizens. Non-residents are not eligible for this kind of refund. So the procedure that could be done from the companies is the following:
If the status of the client is changed from non-resident to resident the client is eligible for fast refund. What's more, this action can be done without informing the clients and without the clients consent. Once the client receives the “resident” status the taxes can be refunded in the short term.
What are the negatives?

Once the status is changed to resident it is impossible to change it back. Such change is not only illegal but may also cause many problems to your clients, such as: refusal of VISA issue and Green Card application, also large penalties and in the worst case scenario prohibited entry into the USA.

When you choose to receive an urgent tax refund, reconsider as what is the true price you will be paying? If someone offer such service be sure you understand all the risks behind it!

Dendax successfully presented its services at the IAPA conference

    The success of Dendax attendance at IAPA Annual Conference

    The Work Experience Travel Market and IAPA Annual Conference is the annual B2B event for sending and receiving organizations serving all aspects of cultural exchange, work experience, work abroad, work and travel and au pairing.
Featuring sector-focused seminars and targeted trade via the business appointment workshop, the event delivers a cost-effective opportunity for the global cultural exchange community to meet, network, learn, and do business.

   This year was the first participation of Dendax in this event. The WETM conference took place in Crown Plaza in Brussels - the capital of Belgium and the administrative center of the European Union, which has also earned the city the title of the Capital of Europe. Brussels has been given its character by the coexistence of French and Flemish culture, and it is nowadays home to nationalities around the world, adding a cosmopolitan flavor to its atmosphere.

The Conference

Brussels

   The 3 days spent in the heart of Europe, meeting the participants at the conference, make the Dendax team believe that networking is the best way to find new partners, we have learnt a lot about how people from different places in the world and different cultures make a successful business together!

   Dendax representatives, Kalin Ivanov (Marketing Director and General Manager) and Iva Petrova (Marketing Manager), were able to meet over 40 companies from all around the world. We had carefully prepared fantastic add materials and special offers for all our appointments. We believe that we successfully gathered interest from many companies and we will maintain cooperation with companies globally!

Our representatives

   Taking part in the event is not only an option to see interesting places, and meet different people, but also to become competitive, learn more about the expectations of our clients and market trends. Dendax realise that in order to offer the best service on the market, we should stay in close contact with our partners and clients and listen to them carefully!
   
   We are looking forward to the next event of this kind, where we will meet current and potential partners! A big thanks to all the people we met during the appointments and to the event organizers!

Last chance to get back taxes paid in 2007

Do not trow away your money paid as taxes in 2007

According to IRS more than a billion dollars are not claimed back for the year 2007. This is the last year everyone that has not asked for returning of his 2007 taxes will be able to do so. The period for claiming back taxes is three years and for the year 2007 the last possible date for filing documents for tax refunds is April 18th 2011.

About 1.1million people are not yet claimed their taxes for the year 2007. The average refund they can have is $650. This is below the average refund for this year but is not for missing. Consider this opportunity, especially when you can claim for this money online with a professional tax refund company, like ETS Refunds.

How can you get money for the 2007 year? Subscribing online and sending copy of your payment documents via e-mail or post, you can easy refund up to 100% of the taxes you have paid. Read all the information for tax refunds and who can apply, or just ask to get this info e-mailed to you for free.

But remember, if you decide to claim for a tax return for 2007, you'll also have to reclaim a 2008, 2009, and 2010 return in order to receive your tax refund for 2007. Doing this now, you can receive all your money at once in your bank account, effortless and totally secure.
If you are one of these 1.1 million people, still not reclaimed for they 2007 tax returns, consider that 18th April is too soon to wait any more.

If you know someone that has unclaimed taxes or if you has friends worked abroad, you can help them to get their money back. ETS Refund is stimulating you to help these friends with 50 EUR startup bonuses according to terms and conditions and additional 6 EUR for every single client who gets his tax refund with us.

Work and Travel programs: New affordable terms.

The work and travel programs are more and more affordable. The starting investment is quite bearable - the departure is about BGN2000, while the return of investment is usually 2 or 3 times.

There are new student loans, with which young people can obtain the necessary funds, and then return them at very acceptable terms: 12-month grace period, which pays only interest and repayment period for up to 8 months after receiving it. The interest rate is 10.99%.

There are some new facilitates and fast admission to students, that were last year in the U.S. They will apply only with documents. The interview for visa, however, remains. Refusals were only 7%, according to the press service of the U.S. embassy. The most frequent causes are problems with the university or doubts that the applicant will return. Reason may be insufficient knowledge of languages (the requirement is for intermediate level).

Read more useful information about how to pay less taxes abroad, how to get back your tax or just ask us your questions ETS Refunds will be glad to help you.

Biggest ever tax refund - $2.4 billion

The record $2.4 billion tax refund was officially confirmed by the Japanese court. The person that will receive the huge rebate of tax by the Japanese government is Toshiki Takei – the Director of Takefuji Corporation.

The Authorities ordered Mr Takei to pay the incredible tax of 160 billion yen ($1.92bn) for receiving shares of the company from his parents in 1999.
According to Japanese newspaper, this sum is the largest-ever tax refund for one person and is more than twice as the whole Japanese tax revenue for one year from gift taxes.

The return of tax has to be made because of proving that Mr Takei spent more days in Hong Kong, than in Japan. Proving that he had living in Hong Kong at that time and this is not only temporary residency for avoiding the tax payment, is the reason that the court state as reason for the biggest ever tax refund.

This case is indicative for the tax refunding opportunities in the world. Every case is different and ETS Refunds proceed every client’s claim for tax refund individually. We strive for the biggest possible tax refunds for our clients, hoping some day to be able to refund such enormous sum to our client.

When will HMRC finally correct the tax payment system?

The “new and modernized” tax system of HMRC is not yet professional and cost millions people problems again.

Only few months after HMRC revealed that millions of people have been paying the wrong amount of tax, due to a ‘computer error’, the system has made another huge and billions costing mistake.

According to news from the last days, HMRC failed to credit millions of employees with nearly £1.3bn; they have paid in NI (National Insurance) between 2004 and 2009. This fact will affect those people when they decide to retire. Suddenly they will be prevented from claiming a full state pension.
This “error” is coming after the fact that 10 million people have to receive tax refunds by the HMRC, because of errors in the tax system.
Tax refunds have to be done to more than 10 million people, because of system errors in the tax proceeding in HMRC tax code system, last September.

It was confirmed already by the officials, that 4.3 million people are due receive a rebate of their taxes, overpaid in the last two years. There is a huge possibility that over 5.8million people to have overpaid their income taxes before March 2008 too, so they will expect tax refunds as well. But this was not yet confirmed by the officials.

Daily telegraph announced in the past months, that almost £5bn is the sum of the overpaid taxes. Only for the past two years the sum is £1.8bn. The cases of overpayment before March 2008 are about 18.2 millions. And this is only from code errors in the tax system. Is those people right to ask- when the system will no more make such mistakes?

According to Daily Telegraph some of these payments are set to happen in the next four years. The Treasury has notified the affected near 6 millions of people, paid the wrong taxes in the past two years. There is high possibility to be discovered other 7.7million people with errors in the tax payments.

HM Revenue and Customs (HMRC) computer system was upgraded recently, and exactly the new system identified the errors in the PAYE (pay as you earn) tax system. The wrong calculations of the old tax system cost an average £1,400 for nearly 1.4 million people. These people will retrieve the money next year. Millions of employers underpaid taxes in the past two years at a total amount of £2bn.
Identified by the “upgraded” system will be also employees, which have been moved jobs or accepted cash benefits or company cars from their employers.

4.3 millions of people are set to receive a tax refunds, because they have paid too much taxes in the past two years. These people are expected to receive an average tax refund of £418.

If you wonder do you have wrong payments in the past years, you can try to find out in the complicated system of HMRC, or to contact professional international tax refunding company and ask for advise and help. ETS Tax Refunds is at your services.

There is no perfect systems, but when someone`s paying his taxes he expects not to pay wrong taxes, just for computer errors.