Businesses fail to reclaim more than half of the VAT on expenses

Businesses fail to reclaim more than half of the VAT on expenses

Companies are moving away from reclaiming 54% of VAT on employee expenses, including travel, due to the complexity of this task. A new report from SAP Concur delves into the issue and delves into the reasons for this reality, as well as the digital tools that companies are implementing to help them better tap this hidden potential going forward.