When your employees travel for business, create expenses or submit invoices, your business is charged VAT. But how much of this are you entitled to reclaim?
On average, UK businesses miss out on 54% of the VAT they are entitled to reclaim on travel and expense costs. (Vanson Bourne, 2017)
SAP Concur work with a number of tax partners, to help you maximise VAT reclaim on both domestic and international spend. We can help you reclaim what your business is owed with confidence that you’re compliant with regulations set by local tax authorities.