TravelPerk has launched a new tool designed to help companies “radically simplify” the value added tax reclamation process for corporate travel. The solution combines invoice collection and delivery with a VAT calculator, along with an increased inventory of VAT reclaimable booking options for flights, hotels, train and car rental throughout Europe, TravelPerk said.
The VAT reclamation service is available as of today at no additional charge under TravelPerk’s Premium and Pro plans—and the Barcelona-based corporate travel booking and expense management provider is touting potential savings of up to 20 percent of a company’s annual travel spend delivered through the tool.
Source: businesstravelnews.com
