resources-post-top-bg Infographic: The Cost Of Business Travel

Infographic: The Cost Of Business Travel

As demand surges in business travel, and prices in the industry are sky-rocketing, is your company reclaiming all the VAT that is possible?
Global business travel spend is expected to hit more than $1.7 trillion by 2022, (according to the Global Business Travel Association’s latest BTI Outlook – Annual Global Report & Forecast released last month).
Meals, coffees and taxis are small expenses but the huge volume of these transactions all add up to a sizable amount of VAT reclaim. With global VAT rates of up to 27%, can you afford to miss out on any VAT reclaim?

The Real Cost Of Business Travel

Global business travel spending reached $1.33 trillion in 2017, advancing 5.8 percent over 2016 levels, according to the 2018 GBTA BTI™ Outlook – Annual Global Report & Forecast – But what if there was a simple way to reclaim up to 27% of your travel and expense spend?
Taxback International want to help you do just that! By reclaiming more VAT, you can start re-investing more money into your travel budget!

Taxback International’s technology driven processes enable us to process a huge volume of transactions every day. We are dedicated to not only getting you a VAT refund but also making sure you are getting the highest potential refund, while increasing your compliance levels. We report back on all transactions, not just your compliant ones – helping you to increase your VAT recovery, year on year, optimising your compliance to its full potential.

We know that Indirect taxes such as VAT and GST can have a huge effect on your business. As VAT rates change sporadically keeping yourself informed can be difficult.  Compliance is always crucial. That’s why our Indirect Tax Experts share their hand-picked news stories every day that you need to know. From breaking news to VAT changes and new EU legislation. We know that relevant information means better decision making. We aim to be your number 1 source for VAT and GST news.

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