What is Domestic VAT Reclaim?
Domestic VAT reclaim (DVR) is the recovery of VAT on domestic travel and expense (T&E) transactions such as hotels, accommodation, meals, entertainment etc. This is typically reclaimed monthly or quarterly, but some countries also allow you to reclaim VAT on local business travel which occurred in the past.
- Regular Domestic VAT refunds provide frequent cash flow into your business
- Backdated Domestic VAT refunds can provide an additional cash injection (from 60 countries worldwide)
*Subject to deduction rules and restrictions per country.