Research finds companies failing to claim up to 26bn of VAT recovery on travel expenses

New research suggests that companies may be failing to claim $30bn each year in VAT recovery from travel expenditure.

New research suggests that companies may be failing to claim $30bn (€26.6bn) each year in VAT recovery from travel expenditure.

The research was published by Taxback International, a company headquartered in Co. Kilkenny that deals in VAT recovery and compliance across the world.