Businesses often neglect the opportunity to reduce their international business travel expenses by reclaiming eligible value-added tax (VAT). The process can be complicated, but the opportunity is significant, with estimates indicating that some US$20bn of VAT remains unclaimed annually across the world.

Now, full-service Australian travel company, Concierge Travel Group (CTG) have announced a strategic partnership with VAT IT, a global leader in cross-border VAT and tax recovery, to help Australian businesses maximise their overseas travel & expense budgets.

VAT IT provides a simple ‘no-recovery, no-fee’ service to enable Australian businesses – regardless of size – to easily reclaim VAT for their international travel from the overseas tax authorities. VAT IT processes and collates the claims of thousands of companies worldwide, dealing with the VAT authority for each jurisdiction – a process that few individual businesses have the appetite or expertise to undertake. 

Managing Director of Concierge Travel Group, David Greenland, said “CTG has a long history of offering Australian businesses a personal and dedicated service going over & above servicing purely travel-related needs. In partnering with VAT IT we want to enable any Australian businesses to get the greatest return and service not just from their overseas travel spend, but from their total business activity as well. VAT IT provides an invaluable tax-recovery service for any Australian business.”

Clare Aitken, Sales and Partnership Director of VAT IT said VAT IT is delighted to partner with Concierge Travel Group to make Australian businesses aware of the potential for VAT reclaim on their international business travel. 

“VAT IT already provides services to many Australian businesses with global operations, and we are excited to further extend our reach by partnering with CTG who shares our passion for maximising our clients’ potential and assisting businesses in succeeding across the board,” she said.

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