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Businesses are losing 12% of revenue due to unclaimed VAT

Businesses in the UK are missing out on significant revenue by failing to reclaim VAT due to complexity, according to a study by SAP Concur.

Businesses are losing 12% of revenue due to unclaimed VAT
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The survey, which questioned 500 UK business and finance leaders, looks at the ways businesses are recouping money in response to the Covid crisis and the reasons preventing them from reclaiming VAT effectively.

Read more at Accountancy Daily.

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