You Overpaid Your Taxes. Would You Like Some Back?
The article discusses the complexity of VAT reclaim, noting that many companies fail to claim due to complex rules, leaving 54% of VAT unclaimed. It recommends automated solutions to identify eligible transactions, enrich data, and confirm recoverable amounts, simplifying the process and avoiding compliance risks.
Impact and considerations
Companies can recover funds through automated VAT reclaim while reducing compliance risks.
Key points
- 54% of VAT goes unclaimed.
- Manual processes lead to errors and penalties.
- Automated solutions simplify reclaim.
- Consider features when choosing a solution.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:19
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：You Overpaid Your Taxes. Would You Like Some Back? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47